The following information is known about a loan. time = 8 years interest rate = 14% principal = $1,010 what is the total amount of simple interest that is earned? $113.20 $1,131.20 $11,311.20 $113,112.00

$1,131.20

Step-by-step explanation:

The formula to calculate simple interest is given by :-

, where P is principal amount , t is time and r is the rate of interest.

Given : Time = 8 years;

Interest rate = 14% =0.14;

Principal = $1,010

Then ,

Hence, the total amount of simple interest that is earned =$1,131.20

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step-by-step explanation:

because i said it is

problem:

f(x) = - 2/3x + 5; f(5/2)

substitute 5/2 in for x:

f(5/2) = -2/3(5/2) + 5

simplify the right side:

f(5/2) = -5/3 + 5

f(5/2) = 10/3

f(5/2) = 10/3

i hope this !