450 is 10x's as much as
1 answer:
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It is given in the question that
Andrew is saving up for a down-payment for his first car. Andrew invested $5,000 in an account earning 3.5% simple interest.
And the interest he earned is $1050.
Let Andrew's money was invested for x years .
Now we use the simple interest formula, which is
Substituting the given values in the formula , we will get
Dividing both sides by 175,
Therefore the correct option is A .