More than because if you add everything then you subtract the answer from 19.99 then you get your answer
In 6 months, Simple interest of $6 will be earned for investing $100.
<u>Step-by-step explanation:</u>
Step 1:
Given details are Principal (P) = $100, SI rate (R) = 12%, Time (T) = 6 months = 0.5 years
Step 2:
Calculate Simple Interest by the formula SI = PRT/100
⇒ SI = 100 × 12 × 0.5/100
⇒ SI = $6
The product of 4 and 5 is 20.
Step-by-step explanation:
