Question

Correct Answers only!

Use the formula i = prt, where i is the interest earned, p is the principal (starting amount), r is the interest rate expressed as a decimal, and t is the time in years.

Round your answer to the nearest dollar.

Answer 1

Answer:

$128000

Step-by-step explanation:

Using the given formula :

I = P × R × T

I = 80000 × 15/100 × 4

I = $48000

He saves = 80000 + 48000 = $128000