Question

what is the simple interest that is missing from the table? use the formula \\(i = prt\\).

\\(\

$$\begin{array}{|c|c|}\\hline i & ? \\\\\\hline p & \\$375 \\\\\\hline r & 2.2\\% \\\\\\hline t & 3\\text{ years} \\\\\\hline\\end{array}$$

\\)

• \\(\\$25.00\\)
• \\(\\$24.75\\)
• \\(\\$2,475.75\\)
• \\(\\$2,500.00\\)

Explanation:

Identify the given values

Using the Simple Interest Formula knowledge point

$$
LATEXBLOCK0
$$

Calculate the simple interest

Using the Simple Interest Formula knowledge point

$$
LATEXBLOCK1
$$

Answer:

• (A) $25.00
• (B) $24.75 (Correct answer)
• (C) $2,475.75
• (D) $2,500.00