Answer:
A: 1,590.00
Step-by-step explanation:
We can use the simple interest rate equation for this problem: p(1 + r)^t
Step 1: Replace the variables with the amounts given
10000(1 + 0.03)^5
Step 2: Solve/Plug in calc
You will get 1590.00
Answer:
c
Step-by-step explanation:
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<h3><em><u>Explanation:</u></em></h3>
Simply add the numerators of the like fractions together. The denominators remain the same.