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

$16000

Explanation:

Using the given formula :

I = P × R × T

I = 80000 × 10/100 × 2

I = $16000

Answer 2

$16000

Explanation:

i = prt

i = ($80000)(.10)(2)

i = $16000