Are you supposed to do all the ones in the quotations?
Answer:
Principal amount (P) = $10,000
Rate (R) = 1.5%
Time (T) = 4 years
Simple interest, I = P X R X T / 100
= 10000 X 1.5 X 4 /100
= 60000 / 100
= $600
Therefore, Balance = P + I
= 10000 + 600
= $10600
Answer:
third option both cost the same after 2 months
Answer:
equation: 320+x=360, answer: 40
Step-by-step explanation:
add 100,200 and 100 to get 320
360-320=40
x=40
