Answer:
The second one
Does anyone know how to get the quadratic formula on a ti-84 calculator or any formulas for the ACT?
1 answer:
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Answer: Option 'B' is correct.
Step-by-step explanation:
Since we have given that
Principal amount (P)= $2500
Rate of simple annual interest (R) = 8.5%
Number of years (T)= 10
As we know the formula for "Simple Interest ":
Hence, Option 'B' is correct.