Answer:
C. $300
Step-by-step explanation:
We have been given that Mr. Collins made 20 bird houses to sell at a carnival. He earns $15 for each bird house he sells.
To find the amount earned by Mr. Collin after selling all 20 bird houses, we need to multiply 20 by amount earned by selling each bird house.
Therefore, Mr. Collin will earn $300, if he sells all 20 bird houses.
Answer:
The amount in the account in the beginning of the 6th year is $6375 .
Step-by-step explanation:
Formula
As given
You invest $5000 in an account at 5.5% per year simple interest.
Principle = $ 5000
Rate = 5.5 %
Time = 5 years
(As calculate amount in the account for beginning of 6th year.)
Putting all the values in the formula
Simple interest = $ 1375
Amount = Principle + Simple interest
Putting values in the above formula
Amount = $5000 + $1375
Amount = $ 6375
Therefore the amount in the account in the beginning of the 6th year is $ 6375 .