solve:%0APrincipal-%2019000%0AInterest%20rate-%207.5%20percent%0ATime%20Period-%2012%20months%0A*%0AInterest%20for%2012%20months=

To calculate the interest for 12 months, we can use the **Simple Interest Formula**:

\[
\text{Simple Interest (SI)} = \frac{P \times R \times T}{100}
\]

Where:
- $P$ = Principal = 19000
- $R$ = Rate of Interest = 7.5%
- $T$ = Time = 12 months = 1 year (as time is usually taken in years)

Now, plugging the values into the formula:

\[
\text{SI} = \frac{19000 \times 7.5 \times 1}{100}
\]

Let me calculate that for you.The interest for 12 months (1 year) is **$1,425**.

Do you need further details or have any questions?

Here are 5 related questions:
1. How does compound interest differ from simple interest?
2. What would the interest be for a shorter time period, like 6 months?
3. How does increasing the principal affect the total interest?
4. How would the interest change if the rate were reduced to 5%?
5. What formula is used to calculate compound interest?

**Tip:** When calculating simple interest, always make sure the time is in years for consistency.

solve: Principal- 19000 Interest rate- 7.5 percent Time Period- 12 months Interest for 12 months=

Calculate the simple interest for a principal of $19,000 with a 7.5% interest rate over a time period of 12 months. Learn the formula and steps to find the interest, suitable for students in Grades 5-7.

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