Answer :
We have Interest formula as:
[tex]I=P\times R\times T[/tex]Where: P = 2650
R = 5.11% = 0.0511
T = 30
So:
[tex]I=2650\times0.0511\times\frac{30}{12}=338.5[/tex]Answer: $338.5
We have Interest formula as:
[tex]I=P\times R\times T[/tex]Where: P = 2650
R = 5.11% = 0.0511
T = 30
So:
[tex]I=2650\times0.0511\times\frac{30}{12}=338.5[/tex]Answer: $338.5