Answer:
c. 15% or more
Step-by-step explanation:
Answer:
cant rlly read the question
Step-by-step explanation:
Answer:
Javier's parents set aside $1500 when he was born
Step-by-step explanation:
This is a simple interest problem.
The simple interest formula is given by:

In which E is the interest earned, P is the principal(the initial amount of money), I is the interest rate(yearly, as a decimal) and t is the time.
In this question, we have that:

We have to find P. So




Javier's parents set aside $1500 when he was born
Oh my oh my oh my I do NOT like percentages!!
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Oh well fine I'll help you.
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Ok.
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So, 1 is the maximum value at default in percentages. Am I right?
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Good.
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Now, let's say .50.
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How much percent is that?
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Multiply by 100.
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Boom, 50%!
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Apply it to .05.
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Multiply by 100.
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Boom? Nope.
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FAIL!!
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.05 is LESS than 50%.
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Hope this helped!
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Questions, ASK AWAY!!