Find the Simple Interest $$\mathrm { p } = \$ 690 , \mathrm { r } = 3 \% , \mathrm { t } = 1 \frac { 1 } { 4 } \text { years }$$

question 47

Multiple Choice

Find the simple interest. (The rate is an annual rate unless otherwise noted. Assume 360 days in a year.)
- $$\mathrm { p } = \$ 690 , \mathrm { r } = 3 \% , \mathrm { t } = 1 \frac { 1 } { 4 } \text { years }$$

• A) $25.88
• B) $16.56
• C) $287.50
• D) $2.59

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