Answer:
a/1/$400
Step-by-step explanation:
240 divided by 12=20
20x10x2=$400
Simple interest is a method of calculating interest on an amount for n period of time with a rate of interest of r. The principal at the end of 3 years is $248.
<h3>What is simple interest?</h3>
Simple interest is a method of calculating interest on an amount for n period of time with a rate of interest of r. It is calculated with the help of the formula,
SI = (P × R × T)/100
where SI is the simple interest, P is the principal amount, R is the rate of interest, and T is the time period.
The principal at the end of 3 years is,
Principal after 3 years = P + (P × R × T)
= $200 + ($200 × 0.08 × 3)
= $200 + $48
= $248
Hence, the principal at the end of 3 years is $248.
Learn more about Simple Interest:
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Answer:
See explanation below
Step-by-step explanation:
a. f(x) is increasing at (-∞, 1] and [7, ∞) because f'(x) is positive at those intervals.
b. f(x) is concave up at [4, ∞) because the slope of f'(x) or f''(x) is positive.
