Answer:
700 Dollars
Step-by-step explanation:
The expression for solving this is I = prt
So lets start with P, that is our principal or amount of money we start with, and we want to multiply it by our rate, or r , which is 3.5, so we would do 5000 x 0.035 to get 175, then we multiply that by our time or t, which is 4 years, so 175 x 4 = 700 dollars :D
Answer:
A = P(1+r÷100)^n
where A is amount after some days
r is the rate
n is the number of years
p is the principle (the amount of money before the interest)
A = 5000 ( 1 + 12÷100)^5
A = 8811.70
A = 8812
What do you need help with
Option A is correct as if we solve the equation We will find that the above equation can be compared to the standard quadratic equation i.e ax^2+bx+c=0
