Question

Can someone please help me? I keep losing points...

CORRECT ANSWERS ONLY PLEASE!!!!

Use the formula i = prt, where i is the interest earned, p is the principal (starting amount), r is the interest rate expressed as a decimal, and t is the time in years.

Answer 1

$10

Explanation:

Using the given formula :

I = P × R × T

I = 100× 5/100 × 2

I = $10

Answer 2

10 dollars

Explanation:

p=100 dollars

r=0.05 have to turn into decimal

t=2

(100)(0.05)(2)