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

question 89

Multiple Choice

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

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

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Operating Statement

A financial document that provides a detailed account of a company's operating activities and expenses over a specific period, also known as an income statement or profit and loss statement.

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Operating Statement

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