Question

HELP???

















Victor calculates the percentage interest rate he needs to make twenty dollars in simple annual interest over 2 months on a deposit of one thousand dollars. Where did he go wrong?


Select one:
A. He applied the principal and interest to the wrong variables.

B. He should have divided 2 by twelve to get the value for t.

C. He misrepresented the earned interest with the final balance.

D. He should have multiplied r by one hundred to get the interest rate as a percentage.

one minute while I grab the photo.

Answer 1

I think its C?

Answer 2

would 20 be the rate??

Answer 3

nvm I figure out myself