The amount after time t will be given by simple interest formula given by:
A=prt/100
where:
principle,p=$175
rate, r=3.5%
time, t=5 years
thus the rate earned after 5 years will be:
A=(175*3.5/100*5)
A=$30.625
Answer: B] 30.65
Answer:
The greates amount she could buy is 4
If your choices are the following:
A.<span> $1,350
B. $1,536
</span>C.<span> $1,653
</span>D.<span> $5,163
</span>E.<span> None of these
</span>
Then the answer is B. $1,536.
Solution:
<span>$60,000 x .0256
</span>=<span>1,536</span>
<span>12% = 12 percent = 12 parts out of 100 = 12/100</span>
<span>i hope thin helped
</span>