Answer:
Step-by-step explanation:
350 degree hope dis help
Answer:
C
Step-by-step explanation:
Answer:
450
Step-by-step explanation:
A = P(1 + rt)
A = final amount
P = initial principal balance
r = annual interest rate
t = time(in years)
Given,
P = 3000
t = 2 years
r = 7.5% = 7.5/100 = 0.075
A = 3000(1 + 0.075*2) = 3450
Interest = 3450 - 3000 = 450
A way we could find the answer is to subtract, so 175 - 120 equals 55, so hed $55 more to reach $175!
