Question

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

\

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

• \\$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