It would be = because they shipped the same amount in each year
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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2 (x^3 - 2y^2 -5)
hope this helps
you are trying to factor as much out as possible from each
in this case, it is 2
Answer:
Step-by-step explanation:
Please see the attached pictures for the full solution.
