What are the amounts of interest and maturity value of a loan for 150,000 at 6 1/2% simple interest for 3 years?

The formula for computing the amount of simple interest is:

I = Prt

Where P = principal amount of the loan

             r = interest rate of the loan

             t = duration of the loan

Substituting the amounts in the formula,

I = (150,000) (6.5%) (3)

  = 29,250

To compute for the maturity value, you have to add the interest to the principal amount:

Maturity value = 150,000 + 29,250 = 179,250

area = length x width

length = 2 x width

32 = 2 x width x width

32 = 2 x width^2

36 = width ^2  

width = 6

length = 12

area is 32

perimeter = 2 x 12 + 2 x 6 = 24 + 12 = 36

step-by-step explanation:

i think the answer is b