Answer:
The required equation for the amount of Simple Internet =
Step-by-step explanation:
Here , Principal amount = $450,000
Time = 1 year
Rate of Interest = 3.5%
Now,SIMPLE INTEREST =
So, here SI =
Hence, the required equation for the amount of Simple Internet =
800 = 8 x 10^2 in standard form
200 = 2 x 10^2 in standard form