Compound interest
P(1+rate/100)^years
However, this questions would be easier using simple interest with calculations here.
First year — $35000x102% = $35700
Second year — $35700x102% = $36414
Third year — $36414x102% = $37142.28
Note : don’t include the dollar sign.
Answer:
C
Step-by-step explanation:
A and B are wrong and with D they wouldn't be lines so imma go with C.
Sorry if it's wrong.
In short the answer is 5/25 or 1/5 either works.
