Answer:
Explanation:
Simple interest = PRT/100
But in this question, we are given the time in months so we convert from months to years. And 6 months is equivalent to half a year.
Simple interest = 2000×9×1/100×2
10 × 9 = $90
1080
9% of 2000 is 180
180 x 6 = 1080
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