If you invested $500 at 5% simple interest for 2 years, how much interest do you earn? Show work and answer in complete sentence
1 answer:
You might be interested in
We know the first place after decimal is tenths
The second place after decimal is hundredths
The third place after decimal is the thousandths place
So for 0.056
0 is at the tenths place
5 is at the hundredths place
and 6 is at the thousandths place
Expanding 22.056 we get
22.056 = 20 + 2 + 0.05 + 0.006
OR
22.056 =