At a party 10 people equally shared 2 1/2 gallons of ice cream how much ice cream did each person eat

The total amount accrued, principal plus interest, from simple interest on a principal of $500.00 at a rate of 0.5% per year for 4 years is $510.00, thus Nariah earned $10 in interest.

Step-by-step explanation:

A = $510.00

(I = A - P = $10.00)

Equation:

A = P(1 + rt)

Calculation:

First, converting R percent to r a decimal

r = R/100 = 0.5%/100 = 0.005 per year.

Solving our equation:

A = 500(1 + (0.005 × 4)) = 510  

A = $510.00

The total amount accrued, principal plus interest, from simple interest on a principal of $500.00 at a rate of 0.5% per year for 4 years is $510.00.