Simple interest is a method of calculating interest on an amount for n period of time with a rate of interest of r. The principal at the end of 3 years is $248.
<h3>What is simple interest?</h3>
Simple interest is a method of calculating interest on an amount for n period of time with a rate of interest of r. It is calculated with the help of the formula,
SI = (P × R × T)/100
where SI is the simple interest, P is the principal amount, R is the rate of interest, and T is the time period.
The principal at the end of 3 years is,
Principal after 3 years = P + (P × R × T)
= $200 + ($200 × 0.08 × 3)
= $200 + $48
= $248
Hence, the principal at the end of 3 years is $248.
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Answer:
The major field of anthroplogy and evolutionary and paleo anthropological perspectives on the origin of humankind
The first one is the only one that shows equivalent fractions
If correct brainliest please
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Answer:
graph C
Step-by-step explanation:
Well I lik it spread out cause you get more information and you can tell how the data is aligned and not scrunched up. Since the example said that the explanatory variable (indepdent variable) is best on the X axis, only C and A are left. A is all scrunch’s up and data could be read worng, but C is nice and spread and it shows all the data and rating clearly
Answer:
An interest rate is the amount of interest due per period, as a proportion of the amount lent, deposited or borrowed
