Answer:
Simple interest = $5,160
Step-by-step explanation:
Given: Monty invested 8600 in a savings account with a yearly interest rate of 5% for 12 years.
Formula:
where, P is principle (P=8600)
R is rate of interest (R=0.05)
T is time period (T=5)
I is simple interest (I=?)
Therefore,
Hence, The simple interest in 12 years is $5,160
2,403/109,247 X 100
only 2.2% of Tennessee is covered in water
(2*x)/8 is the answer