Question

2000 at 9% for 6 months

HELP 14 PTS!!

Answer 1

6 months would be .5 years (easier to deal with)

9% of 2000 is 180
equation for that would be:
.09×2000=180

Now we need to pay 180 for 6 months or .5 years:

180×.5=90

Answer: $90

Answer 2

2000 at 9% simple interest for 6 months will be 2090.

What is simple interest?

"Simple interest is the interest amount for a particular principal amount of money at some rate of interest."

Given, the principle(P) = 2000.

Rate of interest (i) = 9% = 0.09.

Time period (t) = 6 months = 0.5 years.

Therefore, the  amount after 6 months will be

= [P + (P × t × i)]

= [2000 + (2000 × 0.5 × 0.09)]

= [2000 + 90]

= 2090

Learn more about simple interest here: https://brainly.com/question/20956798

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