Question

If the principal is $200 and the interest rate is 4 percent, what is the simple interest earned in one year?
A.) $8.00
B.) $50.00
C.) $800.00
Will fan and medal

Answer 1

I think you divide 200 by 4 and then times by 12

Answer 2

i get 600

Answer 3

oh well i am thinking 50 then

Answer 4

i will check

Answer 5

I think the answer is A).

Answer 6

You would cross multiply x/200 * 4/100

Answer 7

The answer would be 8 dollars

Answer 8

so 200*4/100

Answer 9

i think 8.00 becuase 50 is i little high and 800 is deff to high

Answer 10

it was 8.00 thanks

Answer 11

You need to find 4% of 200.
Simply multiply 4% by 200.
% means "divide by 100", so 4% means 4/100
Multiply 4/100 * 200
4/100 * 200 = 8