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Solve. -The Amount of Simple Interest Earned on an Investment Over

question 235

Multiple Choice

Solve.
-The amount of simple interest earned on an investment over a fixed amount of time is jointly proportional to the principle invested and the interest rate. A principle investment of $1,200.00 with an interest rate of 1% earned
$60) 00 in simple interest. Find the amount of simple interest earned if the principle is $1,400.00 and the interest
Rate is 5%.


Definitions:

4 R's

Refers to Reduce, Reuse, Recycle, and Recover, representing strategies for managing waste and resources sustainably.

Reduce Water

The act of minimizing water usage through various conservation strategies and technologies to lower overall consumption and preserve water resources.

Reuse Oil

The process of using oil that has already been used in one application for another purpose to reduce waste and conserve resources.

Recycle Laptop

The process of reusing or repurposing parts of laptops or their materials instead of disposing of them as waste.

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