1,02x
Is your right answer
Answer:
$36.00
Step-by-step explanation:
The formula for simple interest is I = P x r x t where P is the principal amount, $600.00, r is the interest rate, 2% per year, or in decimal form, 2/100=0.02, and t is the time involved, 3....year(s) time periods. So t is 3....year time periods. To find the simple interest, we multiply 600 × 0.02 × 3 to get that the interest is $36.00 . Usually now, the interest is added onto the principal to figure some new amount after 3 year(s), or 600.00 + 36.00 = 636.00.
5y+8
When you figure out what y is you plug it in and do PEMDAS.
But if it doesn't tell you what y is then the equation I wrote is the answer.
