Question

Find the interest on $4,500 at 5.2% for 2 and a half years. Which of the following equations would be used to solve this problem?
I = (4500)(0.052)(2.5)
I = (4500)(0.52)(2.5)
4500 = P(0.052)(2.5)
I = (4500)(5.2)(2.5)

Answers

  1. Answer:
    I = (4500)(0.52)(2.5)
    Step-by-step explanation:
    I used Substitution and I got the 2nd one. I calculated the Original problem and I got 5,850 and I substituted each problem and the 2nd one matched the origin problem.

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  2. Answer:
    A. I = (4500)(0.052)(2.5)
    Step-by-step explanation:
    Find the interest on $4,500 at 5.2% for 2 and a half years. Which of the following equations would be used to solve this problem?
    • 5.2/100 = 0.052
    • 2 and a half years = 2.5
    I = (4500)(0.052)(2.5)
    I = $585
    Hope this helps!

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