The answer is 11 for this question
Simple interest formula
Interest = Pit = $50
P=principal (initial investment)
i=annual interest rate = 0.04
t=time in years = 6 months = 0.5 years
Substitute values,
$50 = P*0.04*0.5
Solve for P
P=$50/(0.04*0.5)=$2500
Answer: 2nd and 6th options are correct
Step-by-step explanation: It showed me after I got em wrong
Answer:
B i think let me solve
Step-by-step explanation:
Don’t invest too much into it