Question

Somebody please help me with this math question and I’ll give you 26 points please if you are going to submit links do not answer me thank you

Answer 1

Answer:

$600

Step-by-step explanation:

We have the interest formula: PRT/100

=> 4000 x 5 x 3/100

=> 40 x 5 x 3

=> 600

Therefore, the interest owed is $600.

Hoped this helped.

Answer 2

$600 because it’s 5% interest after 3 years, it will increase during that time so we multiply 5*3 which is 15, so 15%. We take the percentage of 15% and turn it into a decimal (0.15) then we multiply by $4,000 to get the answer. So 0.15*4,000= 600. In conclusion, $600 is the answer