Answer:
Step-by-step explanation:
The formula for determining simple interest is expressed as
I = PRT/100
Where
I represents interest paid on the amount deposited.
P represents the principal or amount deposited.
R represents interest rate
T represents the duration in years.
From the information given,
P = 80
R = 2.1%
T = 10 years
I = (80 × 2.1 × 10)/100 = $16.8
The total amount that she would have after 10 years is
80 + 16.8 = $96.8
She wouldn't have enough money to buy a TV for $1,000
Answer:
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Step-by-step explanation:
The number is x
x of 55% = 94
x * (55/100) = 94
x = 9400 / 55
x = 170.91
