Answer:
$234
Step-by-step explanation:
P is the principal amount, $1200.00.
r is the interest rate, 6.5% per year, or in decimal form, 6.5/100=0.065.
t is the time involved, 3....year(s) time periods.
So, t is 3....year time periods.
To find the simple interest, we multiply 1200 × 0.065 × 3 to get that:
:) hope this helps
