I think the answer is C 1 2/3
First year 100x0.05 = 5
Second year 100x0.05 = 5
Third year 100x0.05 = 5
Total interest 15$ for three year + the original amount mean 100
Total after three year
$115
Because the interest not compounded mean : where previously accumulated interest is not added to the principal amount of the current period, so there is no compounding.
Alright so
5^4m = 5^12
cancel the bases
4m=12
divide by 4
m=3
Answer:
12
Step-by-step explanation:
I am pretty sure this is the answer. If it is correct i can give the explanation
