Mathematics, 28.05.2020 09:59 Thejedipriest9929
All of these scenarios involve money eamed through simple interest. Match each situation with the appropriate
simple interest formula.
For 10 years
1 = (200)(0.04)(10)
$200 was invested at 4%.
For 4 years
$100 was saved at a rate of 2%.
1 = (400)(0.10)(2)
For 2 years
$400 earned interest at a rate of 10%.
1 = (100)(0.02)(4)
Answers: 2
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All of these scenarios involve money eamed through simple interest. Match each situation with the ap...
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