Answer:
$320
Step-by-step explanation:
From simple interest formular
A=P(1+int) where A is amount payable, P is principal amount borrowed and int is interest gained
int=Rt where R is rate of interest in decimal form, t is duration
The rate of 10% converted to decimal is 10/100=0.1
Substituting P for $3200, R for 0.1 and t for 1 year
A=$3200(1+(0.1*1))=$3200*(1+0.1)=3200*1.1=$3520
To find the interest, it's A-P hence $3520-$3200=$320
Therefore, interest owed is $320
8 is the answer because it is the biggest answer that can fit into both 16 and 24.
60x0.25=15
60x0.10=6
51x0.25=12.75
13.35-12.75
D-6
Q-51
