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Ostrovityanka [42]
1 year ago
8

Consider a $2 principal investment with a 10% annual simple interest rate. Enter the simple interest equation that represents th

e situation. Let t represent the time in years. A = __
Mathematics
1 answer:
PtichkaEL [24]1 year ago
5 0

The simple interest equation that represent the situation is A = t/5

<h3>What is simple interest?</h3>

Simple Interest (S.I.) is the method of calculating the interest amount for a particular principal amount of money at some rate of interest. For example, when a person takes a loan of 500 dollars, at a rate of 10 per annum for two years, the person's interest for two years will be S.I. on the borrowed money.

Principal(P) borrowed =  $2

Rate(R) in percentage = 10

time in years = t

Simple interest(A) = P X R X t / 100

A = 2 X 10 X t/ 100

After reducing 20/100 to the lowest term

A = t/5

In conclusion the simple interest(A) = t/5

Learn more about simple interest: brainly.com/question/20690803

#SPJ1

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∠A and ∠B are complementary, and ∠C and ∠B are complementary.

Given: ∠A and ∠B are complementary, and ∠C and ∠B are complementary.

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 Statements Reasons

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A pet store sells mice, reptiles, and birds.
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3 years ago
Insert one term between -13 and -119 to create an arithmetic sequence of three terms.
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A boutique prices merchandise by adding 80%. It later decreases by 25% the price of items that do not sell quickly. Does the ord
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25% of 100 is not the same as 25% of 180.
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