Find the simple Interest; Principle $ 300 Rate 6.5% Time 1/2 year

I = Prt

I = 300 * 0.065 * 0.5

18 To find the simple interest, you can use the formula:

Simple Interest = (Principal * Rate * Time)

Given:
Principal = $300
Rate = 6.5% (or 0.065 as a decimal)
Time = 1/2 year

Substituting the given values into the formula:

Simple Interest = (300 * 0.065 * 1/2)

Now, let's solve this calculation step by step:

Step 1: Multiply the principal and the rate:
300 * 0.065 = $19.50

Step 2: Multiply the result from step 1 by the time:
19.50 * 1/2 = $9.75

Therefore, the simple interest for a principal of $300, a rate of 6.5%, and a time of 1/2 year is $9.75.