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Fiesta28 [93]
3 years ago
14

Help me out with the answer

Mathematics
1 answer:
sineoko [7]3 years ago
6 0

Answer:

C i think

Step-by-step explanation:

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Find the amount due if $200 is borrowed for 10 months at an APR of 16% simple interest<br> Amount =?
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Answer

$266.66

Step-by-step explanation:

We have here ,

  • Principal = $200
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  • Time = 10 months = 10/12 yrs.

We can use the formula of SI to calculate the SI . After adding it to principal we will get the amount .

⇒ SI = P × R × T / 100

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Now Calculate amount as ,

⇒ A = SI + P

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