The additional interest Benson pay each month is $750 if he invested at the rate of 2% for one year, option (b) is correct.
<h3>What is simple interest?</h3>
It is defined as the interest on the based on the principal amount, it does not include the compounded amount. The interest calculate on the initial amount or borrowed amount.
We know the formula for the simple interest is given by:
I = PRT
Where I is the simple interest.
P is the principal amount
R is the rate of interest
We have in the question:
I = $180
R = 2% = 0.02
T = 1 year
Put the above values in the formula, we get:
180 = P(0.02)(1)
P = $9000
The additional interest Benson pay each month is:
= 9000/12
= $750
Thus, the additional interest Benson pay each month is $750 if he invested at the rate of 2% for one year option (b) is correct.
Learn more about the simple interest here:
brainly.com/question/22621039
Where r is the radius of the circle.
Answer:
There's nothing there I believe you forgot to add a link just add or create another question and i'll see what I can do :)
Step-by-step explanation:
There are 10 letters in the set {a, b, c, d, e, f, g, h, i, j} which is the pool of letters to choose from when making these three letter codes.
We have 10 choices for slot 1
Then 9 choices for slot 2. This is because we can't reuse the choice for slot 1
Then 8 choices for slot 3
Overall, there are 10*9*8 = 90*8 = 720 different permutations
Answer: 720
Note: you can use the nPr permutation formula with n = 10 and r = 3 to get the same answer
