Find the simple rate

Question

Principal $2400
Rate 10 1/2%
Time in years 1 1/2

Answer 1

Did you mean find the simple interest?

If so... here is the method to use.
Interest = Principle x Rate x time

P = 2400
R = 10.5% use .105 in the formula
T = 1.5

Answer 2

Yes Meant interest

Answer 3

Then you just have to multiply 2400 x .105 x 1.5