Answer:
$395.61
Step-by-step explanation:
The formula for simple interest is:

Where
i is the interest amount
P is the principal amount
r is the rate of interest per time period
t is the time period
Here,
P = 4869
we want to find after 30 months, that converted to years is:
30/12 = 2.5 years
t = 2.5
The annual rate is 3.25% = 0.0325
Now, substituting, we find our answer:

The interest earned is <u>$395.61</u>
Answer:
A) 0.36 with a line over both 36 means as a decimal the 36 repeats, so it would look like 0.363636
as a fraction it would be 36/99, divide both numbers by 9 to get 4/11
B) 0.36 with the line over the 6 means just the 6 repeats so it would look like 0.3666
as a fraction that would be 33/90 , divide both by 3 to get 11/30
C) 0.36 would be 36/100, divide both numbers by 4 to get 9/25
Stainep-by-step explain