interest on $200 at 3% for 1 year\n$3\n$6\n$7\n$2\nyour ships: battleship 1 cruiser 0 frigate 2 submarine…

interest on $200 at 3% for 1 year\n$3\n$6\n$7\n$2\nyour ships: battleship 1 cruiser 0 frigate 2 submarine 1\nanswer the question above.\nenemy ships: battleship 1 cruiser 0 frigate 2 submarine 1

interest on $200 at 3% for 1 year\n$3\n$6\n$7\n$2\nyour ships: battleship 1 cruiser 0 frigate 2 submarine 1\nanswer the question above.\nenemy ships: battleship 1 cruiser 0 frigate 2 submarine 1

Answer

Explanation:

Step1: Recall simple - interest formula

The simple - interest formula is $I = Prt$, where $P$ is the principal amount, $r$ is the annual interest rate (in decimal form), and $t$ is the time in years.

Step2: Convert the percentage to decimal

Given $r = 3%=0.03$, $P = 200$, and $t = 1$.

Step3: Calculate the interest

Substitute the values into the formula: $I=Prt=200\times0.03\times1 = 6$.

Answer:

$6$