Answer:
$3007.26
Step-by-step explanation:
Step one:
given data
Principal= $2000
rate= 6%= 0.06
time= 7years
Required:
The final amount A
Step two:
the expression for the compound interest is

substituting we have

The second one is correct
So the question is
:
5% of total sale is 125
'of' means mutiply
'is' means equals
percent means parts out of 100
5%=5/100=1/20
so now we have
1/20 times total sale=125
multiply both sides by 20 to clear fraction
20/20 times total sale=2500
1 times total sale=2500
total sale=2500
answer is total sale=$2500<span />