Concept explainers
For Exercises
If you deposit $3000 in a savings account that earns simple interest at a rate of 2.5
F. $30
G. $300
H. $3000
I. $30,000
To choose a correct letter for the amount of simple interest in
Answer to Problem 4STP
The correct letter is
Explanation of Solution
Given information :
Given principal amount
And one of the correct answer form the following options
As we have principal amount
The amount of simple interest per year
Thus, amount of simple interest in
Hence, the amount of simple interest in
Hence, the correct letter is
Chapter 2 Solutions
High School Math 2012 Common-core Algebra 1 Practice And Problem Solvingworkbook Grade 8/9
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