Answer: 764
Step-by-step explanation:
Answer:
1.53 for plato
Step-by-step explanation:
2(4+2x)25x+5 = 300x + 5
2(4+2)•25x+5
2(4+2)•25x=300x
= 300x + 5
This may be a simple interest computation.
Simple Interest = Principal * interest rate * term
Principal = 1,000
interest rate = 3%
term = 2 years
Simple Interest = 1,000 * 0.03 * 2
Simple Interest = 60
Total Amount after 2 years: 1,000 + 60 = 1,060
