Answer:
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Answer:
what does the picture say?
Step-by-step explanation:
Answer:
12.05%
Step-by-step explanation:
First, converting R percent to r a decimal
r = R/100 = 12.050249999994%/100 = 0.12050249999994 per year,
then, solving our equation
I = 2000 × 0.12050249999994 × 0.666666666667 = 160.67
I = $ 160.67
The simple interest accumulated
on a principal of $ 2,000.00
at a rate of 12.050249999994% per year
for 0.666666666667 years is $ 160.67.
Answer: where is the figure tot he right???
Step-by-step explanation: