\
The simple interest formula is
.
\
(Substitute
)
\
(Multiply:
)
\
The simple interest is $7546.875.
\
The simple interest is $7546.875.
![\"\"](\"http://www.mathskey.com/userfiles/image/steps_images/step1.JPG\")
![\"\"](\"http://www.mathskey.com/test/fckeditor/editor/plugins/fckeditor_wiris/integration/showimage.php?formula=0c870075d82fd114c401605e44026e38.png\")
.![\"\"](\"/test/fckeditor/editor/plugins/fckeditor_wiris/integration/showimage.php?formula=231fa0e461a85269ff6662b3439eba30.png\")
(Substitute ![\"\"](\"/test/fckeditor/editor/plugins/fckeditor_wiris/integration/showimage.php?formula=4cd273535a96a04f4ea169a64ed65c67.png\")
)![\"\"](\"/test/fckeditor/editor/plugins/fckeditor_wiris/integration/showimage.php?formula=ed15478c4f8b89963de1cf75c8767e03.png\")
(Multiply: ![\"\"](\"/test/fckeditor/editor/plugins/fckeditor_wiris/integration/showimage.php?formula=759ac8b45fd0a0201819490281ff1527.png\")
)![\"\"](\"http://www.mathskey.com/userfiles/image/steps_images/solution.JPG\")