Krisi took out a $500 discounted loan calculated using a simple interest rate of 5% for a period of 2 years. How much money does Krisi receive initially? Give your answer in dollars to the nearest dollar.

$455

Step-by-step explanation:

The computation of the principal is shown below:

As we know that

Amount = Simple interest + Principal

Let us assume the principal be X

So,

Amount = $500

Simple interest = Principal × rate of interest × time period

                         = X × 5% × 2 years

                         = X × 0.1

So, the principal is

$500 =  X × 0.1 + X

$500 = 1.1 × X

So, the X is $455 i.e principal

the answer is b; false. 2 dimensional things are a lot more different from 3 dimensional things.

i hope this ! : d

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what are the things "represented below"?

step-by-step explanation:

nobody can if you dont give the choices