The simple interest on $200 at 12% for 2 years is

1 answer:

Ganezh [65]8 months ago

5 0

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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