Answer:
$600 interest will be paid in the first 5 years
Step-by-step explanation:
Simple interest is calculated only on the principal or initial amount deposited. Jim deposits 6000 into an account that pays simple interest at a rate of 2% per year. The formula for simple interest is expressed as
I = PRT/100
Where
I represents interest after the given time.
R represents the interest loan on the principal.
T represent number of time in years.
P represents principal or initial amount deposited.
From the information given,
R = 2
P = 6000
T = 5
I = (6000 × 2 × 5)/100 = $600
You would divide them both my two to get 9/7
Answer:
3.1415926535 8979323846
Step-by-step explanation:
I made a number line and drew it out -6,-5,-4,-3,-2,-1,0,1,2 and i counted how many i had to move over to get to 2 from -6 and i got 8
