Simple interest is basically the cost of borrowing money over a period of time. So if you have borrowed $110.00 at 5% for two years, you will multiply the 5% by the two years (presuming that it is 5% annual percentage rate (APR). So, You will multiply the 110 by 10% (or .1) to get $11 dollars of simple interest.
Answer:
Exact: 10.08
To 1 decimal place: 10.1
Step-by-step explanation:
Just ask.
Hope this helps.
The answer will be 210 seconds. 60 X 3 = 180+ 30= 210
10 in each do 10 times 3 then subtract total