Explain how to find simple interest

Simple interest is calculated by multiplying the daily interest rate by the principal, by the number of days that elapse between payments.

Step-by-step explanation:

Principal x rate x time = interest.

$100 x .05 x 1 = $5 simple interest for one year.

$100 x .05 x 3 = $15 simple interest for three years.

Step-by-step explanation:

1. Simple interest is calculated by multiplying the daily interest rate by the principal, by the number of days that elapse between payments.

2.Simple interest benefits consumers who pay their loans on time or early each month.

3.Auto loans and short-term personal loans are usually simple interest loans.

answer: 3.26019516

step-by-step explanation:

answer:   expression= p+p*d%

price reduction + sale price = $625

sale price: $p+$p*d%

where d% is the percentage of discount

step-by-step explanation:

original price = p

price went down by $150 price reduction $p*d%

sale price= $ 475

therefore the price before sale is: $625

and the expression that shows the price before sale is: p+p*d%