Answer:
<u>The amount of interest earned is US$ 160 and none of the alternatives is correct.</u>
Step-by-step explanation:
Let's use the formula for calculating the interest in a simple interest problem, this way:
Interest earned = (Principal * Interest rate * time in years)
Replacing with the real values, we have:
Interest earned = (100 * 0.08 * 20)
Interest earned = 160
<u>The amount of interest earned is US$ 160 and none of the alternatives is correct.</u>
Answer:
station three for part a and 2,064 for part b
Step-by-step explanation:
i got the answer correct
Step-by-step explanation:
First, you need to find the difference 3201-2750=451, it has increased by 451, then divide the difference by the original number, which is 2750 because thats what she started off with (3201 would be the new number)
Increase% = Increase ÷ Original Number ×100
451÷2750×100=16.4%