Answer:
option C
Step-by-step explanation:
option C is the correct answer of this question.
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Answer: $1150
Step-by-step explanation:
Simple interest is calculated as:
= Principal × Rate × Time
where,
Principal = $2000
Rate = 5.75%
Time = 10
Interest = 2000 × 5.75% × 10
= 2000 × 0.0575 × 10
= 1150
The amount earned will be $1150.
Answer:
a quantity representing the power to which a given number or expression is to be raised, usually expressed as a raised symbol beside the number or expression (e.g. 3 in 23 = 2 × 2 × 2).