Answer:
N$ 612.5
Step by step explaination:
Given,
Principal or'P'=N$2500
Time or'n'=3 years & 6 months or 3.5 years
Rate of profit or 'r'=7% or 7/100
Profit or 'I'=?
_____________________________________
We know,
I=P*n*r
I=2500*3.5*7/100
I=612.5
So,simple interest is N$ 612.5.
Amount after 3 years = 4000( 1 + 0.04)^3 = $4,499.46 answer
I believe it’s B.) sorry if I’m wrong!!!!
27.5 / 3.5 = 7.86; The average yearly snowfall was 7.86 inches.
