Can someone please help me with part B?
1 answer:
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divisions between $389$ and $390$ so each division is $\frac{390-389}{10}=0.1$
A is 8 division from $389$, so, A is $389+8\times 0.1=389.8$
similarly, C is one division behind $389$ so it is $389-1\times 0.1=388.9$
and B is $390.3$
we know that
The simple interest formula is equal to
where
P is the Principal amount of money to be invested
I is the amount of money in interest
r is the rate of interest
t is Number of Time Periods
in this problem we have
substitute in the formula above and solve for P
therefore
<u>the answer is</u>