R = 8%/year
Equation:
r = (1/t)(A/P - 1)
Calculation:
Solving our equation:
r = (1/2)((2320/2000) - 1) = 0.08
r = 0.08
Converting r decimal to R a percentage
R = 0.08 * 100 = 8%/year
The interest rate required to get a total amount, principal plus interest, of $2,320.00 from simple interest on a principal of $2,000.00 over 2 years is 8% per year.
The correct answer would be B
Answer: Multiply 6 by 1/2 , and then compare to 2.
Step-by-step explanation:
Answer:
1/2
Step-by-step explanation:
11/3 divided by 2/3
=5.5
Answer:
-5,0,0.8,1,1 is the answer