Answer:
$5,875
Step-by-step explanation:
Interest = Principal x Time x Interest Rate
Interest = $5000 x 3.5 x 0.05
Interest = $875
Total Balance will be
$5000 + $875
= $5,875
in 3.5 years
First, find the different of the two weights
d = 1,200 - 550
d = 650
The different of the weights is 650
Second, to find the percentage, we should compare the difference to the former weight. So we compare 650 to 1,200, then multiply it to 100%
percentage = 650/1,200 × 100%
percentage = (65,000/1,200) %
percentage = 51.17%
percentage = 51%
The percent of increase is 51%
