Answer:
The website ends in gov, the purpose of the webpage is to educate and not make money
Step-by-step explanation:
Hi kiri ☺️
Answer:
D
Step-by-step explanation:
The rest you can elimate because of obvious inferring and reasoning so process of elimination
Https://us-static.z-dn.net/files/dc3/f0ec9f7df76333d2bb73cb3f50fa06ed.jpeg
Answer:
$16
Step-by-step explanation:
Simple interest is based on the principal amount of a loan or deposit, whereas compound interest is based on the principal amount and the interest that accumulates on it in every period.
Simple Interest = P x r x n
where P = Principal amount, r = Annual interest rate, n = Term of loan, in years
2% = 2 ÷ 100 = 0.02 so r = 0.02
Therefore,
Simple Interest = 400 x 0.02 x 2 = 16
So she will be paid $16 in the first two years.
