A person borrows 12,000 at an interest rate of 8% per annum for 3 years . What is the total I interest to be paid? 2,880 3,000 2,400 2,000 A shop offers a 15% discount on a jacket originally priced at 200 What is the sale price of the jacket after the discount? 170 180 150 1 point 1 point

To calculate the total interest to be paid, we can use the formula for simple interest: Where:- is the principal amount (the amount borrowed)- is the annual interest rate- is the time in yearsGiven:- - yearsSubstituting the values into the formula: So, the total interest to be paid is 2,880 Given:- Original Price = $\ - Discount Percentage = Substituting the values into the formula: \ .