Bobby wants to invest $100. his brother invested $2,000 for one year and earned $60 in simple interest.
if bobby invests his money for one year at the same interest rate as his brother, how much interest will he earn?
o a. $3
ob. $6
oc. $12
od. $30
oe. $33

$3

Step-by-step explanation:

By investing $2,000 Bobby will earn $60 interest

∴By investing $1 Bobby will earn =$(60/2000) interest

so,

By investing $100,

He will earn =$ {(60/2000 ) .100}  

                     =$3

step-by-step explanation:

20% of 120 is 24. if you subtract 24 from 120 you get 96

2 5/8 is the final answer! : )