Answer:
The answer to your question is 157.5
Step-by-step explanation:
Data
P = 450
R = 5% = 0.05 Use R in decimal points
T = 7 years
I = ?
Formula
I = PRT
Process
Just substitute the values in the formula given and simplify to find the result
Substitution
I = (450)(0.05)(7)
Simplification
I = 157.5
Result
I = 157.5
