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ValentinkaMS [17]
3 years ago
12

The simple interest on $400 at 5% per annum for 2 years is?

Mathematics
2 answers:
maxonik [38]3 years ago
4 0

Answer:

\frac{400 \times 5 \times 2}{100}

Answer A is correct

Step-by-step explanation:

p = 400 \\ r = 5\% \\ t = 2 \:  \: years

Now let's find the simple interest.

\frac{prt}{100 }  \\  =  \frac{40 0 \times 5 \times 2}{100}  \\  = 40

hope this helps

brainliest appreciated

good luck! have a nice day!

denis23 [38]3 years ago
3 0

Answer:

It's a).

Step-by-step explanation:

I = PRT/100

- where I = the interest , P = initial amount, R = annual rate and T is the time in years.

So the answer is (400*5*2) / 100.

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