Do you think the answer is C.147?
The amount of interest you would earn in one (1) year is equal to $10.
Given the following data:
Interest rate = 4% = 0.04
Principal = $250.00
Time = 1 year
Answer:
see below
Step-by-step explanation:
The applicable rules of exponents are ...
- (a^b)(a^c) = a^(b+c)
- a^(-b) = 1/a^b
Using these to simplify your expression, you get ...
