Answer:
The rate of interest paid on the principal amount is 8%.
Step-by-step explanation:
Here, Principal Amount = $2,000
Time = 3 months = (3/ 12 ) Years = 0.25 years
Rate = R
Interest Amount = $40
Now, as we know :
Simple Interest = 
⇒
or, R = 8%
Hence, the rate of interest paid is 8%.
Answer: 65
Step-by-step explanation:
Answer: Craig's household use of water during the billing period = 129 CFC
Explanation:
Since we have given that
Craig's June water meter's previous reading =6372 CFC
Craig's water meter's present reading =6501 CFC
Craig's household use during the billing period =6501 -6372= 129 CFC
So, we get that
Craig's household use of water during the billing period = 129 CFC
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