Identify a benchmark to find the equivalent percent for 6/10

Benchmark used is 3×2/10 = 6/10 = 3×(2/10of100%) = 60%

Step-by-step explanation:

In order to identify a benchmark to find the equivalent of 6/10, we can rewrite 6/10 as 3×2/10.

This can be interpreted as summation of 2/10 in 3 places i.e 6/10 = 2/10+2/10+2/10

Then we find the equivalent percent of 2/10 = 2/10×100 = 20%

Since;

6/10=3×2/10

The equivalent percent of 6/10 will be;

6/10 = 3×2/10 = 3×20%

= 60%

the answer is 200

step-by-step explanation:

the way the question is worded, it seems to imply the $264 interest is simple interest, not compound interest.

the simple interest for 2 years is $264; the simple interest for 1 year is $132.

$132 interest on a $600 investment means an interest rate of (132/600)*100 = 22%.

the value of $200 at 22% interest compounded annually for three years is

200%281.22%29%5e3

the amount of interest is that value, minus the original $200.