Answer:
4
When you divide powers you take them away but when you times them you add them
Answer:
$3100
Step-by-step explanation:
Step one:
given data
Principal = $2500
rate = 1.2%
time = 20 years
Step two:
The simple interest is expressed as
SI= PRT/100
substitute
SI= 2500*1.2*20/100
SI= $600
The account balance after 20 years is
= principal + Simple interest
= 2500+600
= $3100
100 times because it jumped 2place values