Question

$42 over 2 years at an interest rate of 3% Match the information about interest earned with the principal amount invested . Remember the equation for calculating simple interest is I=prt. A) 400 B) 500 C)600 D)700.

Answer 1

@wolf1728

Answer 2

$42.00 at 3% each year earns 1.26 each year
So, two years earnings is 2.52
the $42.00 becomes $42.00 + 2.52 = 44.52

As far as calculating anything that has a result in the 400 to 700 range, the principal divided by the rate equals 1,400.
42 / .03 = 1,400

Answer 3

So any clue of what the answer would be @wolf1728

Answer 4

No. With those choices, it doesn't seem as if anything will calculate to those answers.