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1 year ago

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Question 1 (1 point) The yearly interest payable on a deposit of $250 at 5.5% p.a. simple interest is: A $137.50 B $13.75 C $12.

50 D $125.00 E $17.35 los

1 answer:

dlinn [17]1 year ago

6 0

Answer:

B: $13.75

Step-by-step explanation:

5.5% of $250 = $13.75

Therefore, the simple interest is $13.75.

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