I think it is 15, just by looking at it
Answer:
$240
Step-by-step explanation:
I = prt
I = (2,400) (0.04) (2.5)
note: I changed 4% to a decimal and 30 months to 2.5 years
I = 96 (2.5)
I = 240 <-- The interest
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The simple interest accumulated on a principal of $ 2,400.00 at a rate of 4% per year for 2.5 years (30 months) is $240.00.
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* Last time I did interest was in 6th grade and I don't remember much. So I am very sorry if my answer is wrong *
Here you go!! It's always best to graph these questions, if you have graph paper near.
If not there are online graphing websites to use!! :))
ANSWER: Choice D (4th answer)
