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Find the Simple Interest p=$2500,r=2%,t=12 years \mathrm { p } = \$ 2500 , \mathrm { r } = 2 \% , \mathrm { t } = \frac { 1 } { 2 } \text { years }

Question 89

Multiple Choice

Find the simple interest. (The rate is an annual rate unless otherwise noted. Assume 360 days in a year.)
- p=$2500,r=2%,t=12 years \mathrm { p } = \$ 2500 , \mathrm { r } = 2 \% , \mathrm { t } = \frac { 1 } { 2 } \text { years }


A) $25.00
B) $50.00
C) $250.00
D) $2.50

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