Decrease because you taking something off of something
Answer is Choice A - 1.
1 times 2 is 2, and 2 + 8 is 10.
Answer:
$8.40
Step-by-step explanation:
The formula for calculating simple interest is
principal * interest rate * time .
Plugging 140 into the principal, or starting value, 3% as the interest rate, and 2 (years) for the time, we get 140*0.03*2 = 8.4, or $8.40 as our answer. Note that 3% turned into 0.03 as turning a percentage into a decimal requires us to divide the decimal by 100
