The simple interest on $200 at 12% for 2 years is
1 answer:
Answer:
d. $48
Explanation:
1 year = 12% = 0.12
2 years = 12% × 2
2 years = 24% = 0.24
24% of $200 = 0.24 × 200
24% of $200 = $48
Therefore the interest on $200 for 2 years is $48
:)
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