Answer:
14%
Step-by-step explanation:
A way I usually do it is with a fraction setup.
280/2000 = ?/100
multiply 280 by 100, and you get 28000. divide this by 2000, and you get 14!
y = 7
3y+9 = 2y+16, subtract 9 from both sides, 3y = 2y + 7, then subtract 2y from both sides, y = 7, and that's the answer
$96
To find interest you do (principal)x(rate)x(time)
