The formula, the area for the circles, the semicircles, the area for the quarter circles, and the total area
A for circles=1571
A for semicircles=1571
A for quarter circles=7854
A for all circles= 10995.98
Answer:
$25,740
Step-by-step explanation:
First, converting R percent to r a decimal
r = R/100 = 5%/100 = 0.05 per year,
then, solving our equation
I = 23400 × 0.05 × 2 = 2340
I = $ 2,340.00
The simple interest accumulated
on a principal of $ 23,400.00
at a rate of 5% per year
for 2 years is $ 2,340.00.
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