Yes Jared's statement is correct
Answer: $52.50
Step-by-step explanation:
There is only 12 months and the interest compounds yearly so I guess it is just
3500 x 1.5% = 3500 x 1.5 / 100 = 35 x 1.5 = $52.50
Rounding is not needed
Answer:
She will pay $1092.50 because .15x950 is 142.50 and if you add that to 950. you get $1092.50
the least common multiple is 1,020 :)