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Step-by-step explanation:
can't see the opinions
Answer:
She is correct.
Step-by-step explanation:
5:6 means that you add 5 + 6 = 11 which means that the answer is 11.
What you are trying to solve is 4000 divided by 4 which is 1000
The correct answer is A: $3135.84
To find the total balance on the account all we need to do is use the compound interest formula.
It would be:
y = 5000(1 + 0.0325/12)^(15*12)
Evaluating this will give you a total of 8135.84
Now, just subtract off the original 5000 and you have the amount of interest.