Mathematics, 07.11.2019 05:31 hipeopleitsme121
Which equation represents the total interest, t, earned when the principal amount is $100, the annual simple
interest rate is 1%, and the number of years is 10?
a. t = 100 • (10+0.1)
b. t = 100 • (10+0.01)
c. t = 100 • 0.1 • 10
d. t = 100 • 0.01 • 10
Answers: 3
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