Answer:
Step-by-step explanation:
1
Answer:
2100
Step-by-step explanation:
5% of 2000 = 2000 x 1/20 = 100.
2000+100=2100
Also, if it said how much interest will her investment PAY, then it would be $100 because of the 5% simple interest.
Answer:
$291.60
Step-by-step explanation:
First figure out the percentage increase
270 - 250 = 20. This was the increase
Percentage increase = 20 / 250 x 100
= 8%
8% = 0.08
Money next month = 270 x 1.08 = $291.60