Answer:
$5225
Step-by-step explanation:
Use the formula for the amount after simple interest:
"A" is the final amount, or balance.
"P" is the principal, or the starting amount.
"r" is the rate of interest in decimal form.
"t" is the time.
What we know:
P = 5000
t = 3
r = 1.5%
Convert the rate to decimal form by dividing by 100, or moving the decimal place two places to the left.
1.5% => 0.015 = r
Substitute what we know into the formula:
A = P(1 + rt)
A = 5000(1 + (0.015)(3)) <=simplify
A = 5000(1 + 0.045)
A = 5000(1.045)
A = 5225 <= new balance
The new balance of an account is $5225.
The answer is 17 for this problem
It’s 163, first you have to solve for inside the parentheses which is 75 then 75 plus 93 is 163
The answer is B)4
thank you please?
Answer:
Twenty-three thousand five hundred seventy-nine
Step-by-step explanation: