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VMariaS [17]
3 years ago
15

Can y’all help me on this thank you

Mathematics
1 answer:
Andrei [34K]3 years ago
6 0
I’m pretty sure it’s the second one
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Ted borrowed $100 from 2 years at a 10% interest rate. How much interest will he pay on the loan? What will be the total amount
mr_godi [17]

Answer:

Interest = $20

Amount due = $120

Step-by-step explanation:

This is a Simple Interest problem. Simple interest is given as:

I = (P * R * T) / 100

Where I = interest

P = principal or amount loaned

R = rate of interest

T = time elapsed

Ted borrowed $100 from 2 years at a 10% interest rate.

This means that P = $100, R = 10%, T = 2 years.

Hence, the interest will be:

I = (100 * 10 * 2) / 100

I = 2000 / 100

I = $20

The interest after two years will be $20.

Therefore, the total amount due at the end of the loan is:

A = P + I

A = 100 + 20 = $120

The amount due is $120.

5 0
4 years ago
Identify the correct solution to the problem 3 x 9/10
vitfil [10]
Step by step:

3 x 9/10
Turn 3 into a fraction
3/1 x 9/10
Now multiply straight across
3x9=27 and 1x10=10
So you get
27/10 or 27/10 or 2.7

This can also be completed by simply turning 9/10 into a decimal and doing
3 x 0.9 = 2.7
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2 years ago
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How do I solve this?
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