The first working out is correct, z = 3
Answer
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Answer:
2.5 years
Step-by-step explanation:
Given data
P=9000
r= 1.25%
A= 9281.25
The simple interest expression is given as
A=P(1+rt)
substitute
9281.25= 9000(1+0.0125*t)
9281.25=9000+112.5t
collect like terms
9281.25-9000=112.5t
281.25= 112.5t
t= 281.25/112.5
t= 2.5
Hence the time is 2.5 years
2+3t
When t is 1
2+3(1)
2+3
5
When t is 4
2+3(4)
2+12
14
B. 6.72the answer is B 6.72