Answer:
- [tex]\boxed{\sf{I=368}}[/tex]
Step-by-step explanation:
Use a simple interest formula.
Simple interest formula:
⇒ I=Prt
- P stands for principal
- R stands for interest rate
- T stands for interest time
- (P): Principal =$2000
- (R): Interest Rate =4.6%
- (T): Interest Time =4
→ 2000*4.6%4
You have to convert 4.6% into a decimal form.
→ 4.6%=0.046
→ I=2000*0.046*4
Solve.
Multiply the numbers from left to right.
→ 2000*0.046*4=368
- Therefore, the correct answer is 368.
I hope this helps you! Let me know if my answer is wrong or not.
