Simple interest is a method of calculating interest on an amount for n period of time with a rate of interest of r. The principal at the end of 3 years is $248.
<h3>What is simple interest?</h3>
Simple interest is a method of calculating interest on an amount for n period of time with a rate of interest of r. It is calculated with the help of the formula,
SI = (P × R × T)/100
where SI is the simple interest, P is the principal amount, R is the rate of interest, and T is the time period.
The principal at the end of 3 years is,
Principal after 3 years = P + (P × R × T)
= $200 + ($200 × 0.08 × 3)
= $200 + $48
= $248
Hence, the principal at the end of 3 years is $248.
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Answer:
dunno
Step-by-step explanation:
It has landed on its side 25/30 times, on the top 4/30 times 25/30=5/6,1/30=0.2/6 and 4/30=0.8/6.
Answer:
2
Step-by-step explanation:
hope that helped
Answer:
1.11333333
Step-by-step explanation:
I calculated using Symbolab
sorry if its wrong
