I = 60.75I = P*(r*t)
225*( 0.09*3)=
225 * 0.27=
60.75
I = $60.75
please mark brainliest
Using the simple interest formula, it is found that the total amount of interest is of $60.75.
Simple interest is used when there is a single compounding per time period.
The amount of interest after t years in is modeled by:
I(t) = Prt
In which:
In this problem, the parameters are P = 225, r = 0.09, t = 3, hence:
I = Prt = 225 x 0.09 x 3 = 60.75.
More can be learned about the simple interest formula at https://brainly.com/question/25296782
#SPJ2
