No, 2 of the 5x7 would actually take up. 10x14
The top half is called the numerator.
The bottom is called the denominator.
Answer:
P is the principal amount, $200.00.
r is the interest rate, 2% per year, or in decimal form, 2/100=0.02.
t is the time involved, 15....year(s) time periods.
So, t is 15....year time periods.
To find the simple interest, we multiply 200 × 0.02 × 15 to get that:
The interest is: $60.00
