You have to divide both sides by 5 because it states"5t" and you should get "t=20"
Answer:
C is the right answer
Step-by-step explanation:
$288.75 I believe! Sorry if my answer is incorrect!
Answer
$700
Step-by-step explanation:
From the Formula:
I = Pin
where : I - interest
P - principal
i - the interest rate
n - the number of years
I = Pin, plug in the given data as provided in the problem.
P = $8,000
i = 0.07 per yea
I = ($2,000)(0.07/year)(5 years)
= ($8,000)(0.07)(5)
= $2.800
Answer:
<em>A Correct Answer</em>
Step-by-step explanation: