Question

I=$200,p=$1000,r=4 years

Answer 1

idt this is right..... sorry if this is wrong...

Explanation:

I = $ 8,000.00

Equation:

I = Prt

Calculation:

First, converting R percent to r a decimal

r = R/100 = 200%/100 = 2 per year,

then, solving our equation

I = 1000 × 2 × 4 = 8000

I = $ 8,000.00

The simple interest accumulated

on a principal of $ 1,000.00

at a rate of 200% per year

for 4 years is $ 8,000.00.