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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

Somebody Please Help Me With This Math Question And Ill Give You 26 Points Please If You Are Going To Submit Links Do Not Answer Me Thank You class=

Sagot :

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.

$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