Hilaría borrowed 13000 from her grandfather to Pay for college five years later she pays him back the 13000 plus 1950 interest what was the simple interest?

answ9x x 3=

step-by-step explanation:

this is the formula: v = the value of investment at the end of the time period

p = the principal amount (the initial amount invested)

r = the annual interest rate

n = the annual frequency of compounding (how many times a year interest is added)

t = the number of years the money is invested

^ means raise to the power of

3 hours and 15 minutes

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