Answer:
Interest in 3 years = $456.52
Step-by-step explanation:
As we know the the formula of compound interest
Total amount =
Here n = number of times amount is compounded
r = rate of interest
t = period
Here A = $2500
r = 0.0575
n = 1 (compounded annually)
t = 3 years
Therefore amount after 3 years
P =2500(1.0575)³
= 2500×1.18
= $2956.52
We have to calculate the interest then
Interest = $2956.52-$2500 = $456.52
So after 3 years interest gained = $456.52
Answer:
(-2,1)
Step-by-step explanation:
I know
Well u add your problem and get your answer
<u>Answer:</u>
<u>Answer:options A is correct </u><u>answers</u><u>.</u>
<h3>
<u>please</u><u> </u><u>follow</u><u> </u><u>me</u></h3>
Answer:5:15
Step-by-step explanation:
2:30+2 hour=4:30
4:30+45=5:15