Answer:
$1060
Step-by-step explanation:
First, converting R percent to r a decimal
r = R/100 = 5.3%/100 = 0.053 per year,
then, solving our equation
I = 2000 × 0.053 × 10 = 1060
I = $ 1,060.00
The simple interest accumulated
on a principal of $ 2,000.00
at a rate of 5.3% per year
for 10 years is $ 1,060.00.
I think the on in the top right is the answer.
3:2 is ur answer to this question
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