1) B
2) C
can you help me? since I helped you?
Answer:
2100
Step-by-step explanation:
Use the formula i=prt, where i is the interest earned, p is the principal, r is the rate (as a decimal fraction) and t is the elapsed time, in years.
Here i = $72 = $1200 r (9/12) (9 months is 9/12, or 3/4, of 1 year)
Reducing,
$72 = $900r
Solving for r, r=0.08, or 8 percent per year.
