Respuesta :
keeping in mind that there are 12 months in a year, therefore, 30 months is really 30/12 years,
[tex]\bf ~~~~~~ \textit{Simple Interest Earned}\\\\ I = Prt\qquad \begin{cases} I=\textit{interest earned}\\ P=\textit{original amount deposited}\to& \$360\\ r=rate\to 12.3\%\to \frac{12.3}{100}\to &0.123\\ t=years\to \frac{30}{12}\to &\frac{15}{6} \end{cases} \\\\\\ I=(360)(0.123)\left( \frac{15}{6} \right)\implies I=110.7[/tex]
[tex]\bf ~~~~~~ \textit{Simple Interest Earned}\\\\ I = Prt\qquad \begin{cases} I=\textit{interest earned}\\ P=\textit{original amount deposited}\to& \$360\\ r=rate\to 12.3\%\to \frac{12.3}{100}\to &0.123\\ t=years\to \frac{30}{12}\to &\frac{15}{6} \end{cases} \\\\\\ I=(360)(0.123)\left( \frac{15}{6} \right)\implies I=110.7[/tex]
Answer:
110.70
Step-by-step explanation:
30/12=2.5
360*2.5*.123=110.7
110.70
Hope This helps :)
