Which equation demonstrates the use of a simple interest formula, mc002-1.jpg, to compute the interest earned on $70 at 3% for 12 years?

Step-by-step explanation:

Equation to calculate the simple interest I is

where P = principal amount

r = rate of interest

t = time or duration

If P = $70

r = 3%

t = 12 years

Therefore interest I = (70×3×12)/100 = $25.2

(2,20) means that the 2 is 2 hours and 20 is 20$. so there both 20$ for 2 hours only the same price. like it says. so, the dunk tank and the bounce house are the same price (20$) for the same amount of time (2 hours).

hope i

mx+89b(-98)nb

step-by-step explanation: