Answer:
Its c, none of the above.
Step-by-step explanation:
Answer:
i don't get what i should do its all messed up
Step-by-step explanation:
Its 10 because 10 times 20 will be like a thousand
Answer:
Ok
Step-by-step explanation:
Step 1
Given;
Required; To find the difference in interest between the two periods.
Step 2
State the formula for simple interest
Step 3
Find the interest when the rate is 8%
Therefore the interest is given as;
Step 4
Find the interest in 1980 with a 20% rate
The interest is given as;
Step 5
Find the difference in interest between the two rates.
Hence, the difference in interest between the two rates = $11095.89