Principal amount of money deposited by Mat in the bank = $2000
Rate of simple interest given by the bank = 10%
Number of years for which the money is kept in the bank = 5 years
As no money was withdrawn from the account, so
Amount after 5 years = Principal [1 + (Rate * Time)]
= 2000 [ 1 + (10/100) * 5]
= 2000 [ 1 + (1/2)]
= 2000 * (3/2)
= 1000 * 3
= 3000 dollars
So the amount of money made by Mat after 5 years will be $3000.00
Answer:
12/30
Step-by-step explanation:
So we know that the denominator-numerator=18
And we also know that it's equal to 4/10 or 2/5.
Soooooooooooooo the most easiest is just to trial and error: 12/30
But I don't really know the more complex formula...
