Answer:
A) $600
B) $1200
Step-by-step explanation:
First, converting R percent to r a decimal
r = R/100 = 10%/100 = 0.1 per year,
then, solving our equation
I = 600 × 0.1 × 10 = 600
I = $ 600.00
The simple interest accumulated
on a principal of $ 600.00
at a rate of 10% per year
for 10 years is $ 600.00.
The 1st, 4th, and 5th answers are correct
Answer:
2
Step-by-step explanation: