Question

Need help ASAP I’m about to go to sleep

Answer 1

A. $1852.50

Explanation:

Principal amount= P= $3, 900

Rate= r = 19% = 0.19

Time (in years) = t = 2.5

Amount after 2.5 years (A)

`A = P(1+r t )`

`A = 3900 (1+ (0.19) 2.5)`

`A = 5,752.5`

Total interest in 2.5 years = A-P = 5752.5 - 3900 = 1852.50