What is the interest if the principal is ten thousand dollars the interest rate is two percent and the time is eight years

$1600 in simple interest

$1664 in compound interest

Step-by-step explanation:

Simple interest for 8 years

10000 x (0.02 x 8) = 1600

compound interest

10000 x ((1+0.02)^8 - 1) = 10000 x (1.1664 - 1) = 10000 x 0.1664 = 1664

i think there was a typo. you wrote pat brings 3 quarts of ice-cream to the party. each serving of ice-cream is 1 6 quart. how many total servings of ice-cream does pat bring to the party? i think the bold is supposed to be 1/6. so 1 quart of ice cream = 6 servings. 6 * 3 = 18.