Question

What is the answer for the question

Answer 1

`~~~~~~ \textit{Simple Interest Earned Amount} \\\\ A=P(1+rt)\qquad \begin{cases} A=\textit{accumulated amount}\\ P=\textit{original amount deposited}\dotfill & \$225\\ r=rate\to 6\%\to (6)/(100)\dotfill &0.06\\ t=years\dotfill &5 \end{cases} \\\\\\ A = 225[1+(0.06)(5)]\implies A=225(1.3) \implies A = 292.5`