Question

Choose the correct answer. Find the interest due on $250 at 11% for 2 years.

a 55
b 57
c 54

Answer 1

The answer is A.

1: 250 x 11% = 27.5

2: 27.5 x 2 = 55

There's your answer!

have a nice day or night!

Answer 2

If the interest is fixed, the answer is A.