The interest on $2,000 for 2 years is $320. What is the simple interest rate?
1 answer:
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Option c : 9 is the answer.
Explanation:
The expression is
We need to determine the subtracted value of the expression.
From the expression we can see that the expression contains two negative signs.
To simplify the expression, we know that, When we multiply two negative numbers then the product is always positive.
This means
Thus, the expression can be written as
Adding the two numbers, we get,
Thus, the value of the expression is 9.
Hence, Option c is the correct answer.