120,000 renamed to ten thousand (10,000) is twelve ten thousand. Ten thousand in number form is 10,000. When you divide 120,000 (one hundred and twenty thousand) by 10,000 (ten thousand) you get 12. 120,000 (one hundred and twenty thousand) /10,000 (ten thousand) = 12. So there are twelve ten thousands in 120,000.
Calculate the interest in a year
Multiply the annual percentage of interest by the investment to find the interest.
interest in a year = 2% × 1,000
interest in a year = 0.02 × 1,000
interest in a year = 20
The annual interest is $20
Calculate the interest after 10 years
Multiply the annual interest by 10
interest 10 years = 20 × 10
interest 10 years = 200
The sum of interest after 10 years is $200
Find total investment
investment = first investment + interest in 10 years
investment = 1,000 + 200
investment = 1,200
The investment will be worth $1,200 in 10 years
Hope this picture helps! ;) Ignore the stuff around it ($12 or the triangle)
B has the pair that are vertical angles