29
QuizMultiple Choice

Cumulative Exam — Cumulative exam

Question 29 • SS-Math 7

What is the simple interest value missing in the table? Principal$2,500Interest rate3.5%Time5 yearsInterest?

Answer
$
$43.75
$
$437.50
$
$4,370.50
$
$43,750.00

Explanation

Use the simple interest formula I = P × r × t. Substitute the values: $2,500 × 0.035 × 5 = $437.50. The missing interest is $437.50, choice B.

AI-written and checked against the verified answer.

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