Y=x +20. What is the operation represented in this relationship?
2 answers:
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Answer:
P=$880,I=$92.40
P=$675,I=$94.50
P=$770,I=$96.79
Step-by-step explanation:
Simple interest rate is the interest eared on principal amount only over time:
#$880 at 5.25% for 2 years
Hence, the interest earned is $92.40
#$675 at 3.5% for 4 years:
Hence, the interest earned is $94.50
#$770 at 4.19 for 3 years:
Hence, the interest earned is $96.79