# Determine the simple interest.​ (The rate is an annual rate unless otherwise stated. Assume 360 days in one​ year.) p=$500, r=7.25%, t= 30days The simple interest is ​$___ Round to the nearst cent as needed

Question

Determine the simple interest.​ (The rate is an annual rate unless otherwise stated. Assume 360 days in one​ year.)

p=$500, r=7.25%, t= 30days The simple interest is ​$___

Round to the nearst cent as needed