Answer:
D. 3.75%
Step-by-step explanation:
11.25/3month
3.75/month
Principal is the same as original amount.
<span>1. You convert the rate % to a decimal number. (divide by 100) </span>
<span>2. Substitute: </span>
<span>P = 144 / (.04 x 2) </span>
<span>3. Solve: </span>
<span>P = 144 / .08 </span>
<span>P = 1,800 </span>
<span>4. Your answer is $1,800</span>
Plug x=3 into the equation:
5(3)+2
And simplify:
15+2
17