379,305 views
30 votes
30 votes
Can someone help me please and thanks .

Can someone help me please and thanks .-example-1
User Jakub Juszczak
by
2.5k points

1 Answer

11 votes
11 votes

Answer:

$180.

Explanation:

First lets find the interest rate.

6.1 ÷ 100 = 0.061

0.061 x $200 = 12.2

based on the calculations, 12.2 is our interest rate in a year. Now lets find the interest rate in 15 years.

12.2 x 15 = $183

So $183 is our precise interest rate in 15 years, but lets round the interest rate to the nearest 10 dollars. Therefore, $180 is our answer.

User Clapas
by
3.1k points