Answer:
Step-by-step explanation:
we know that
The simple interest formula is equal to
where
A is the Final Investment Value
P is the Principal amount of money to be invested
r is the rate of interest
t is Number of Time Periods
step 1
Find the rate of interest
in this problem we have
substitute in the formula above and solve for r
The rate of interest is 
step 2
Find the sum of money that will amount to 25,500 in 5 years, at the same rate of interest
in this part we have
substitute in the formula above and solve for P
Answer:
I think the first one
Step-by-step explanation:
Answer:
it's correct
Step-by-step explanation:
there is one in 1 2/4 , one in 2 and 3 in 2 1/2
Answer: 
Step-by-step explanation:
Given:
and 
To find: 
Now as we know

So we have

Therefore d. is the correct option
Hence , 