32.2k views
5 votes
$545 at 4% for 2 1/2 years. Answer

User Theorder
by
7.8k points

1 Answer

2 votes

Answer:

Total amount of money (including interest) = $ 1417

Explanation:

Total amount = 545 ×
(100+4)/(100) × 2.5

= 1417

To find interest only, minus 545 from 1417 :)

User Momijigari
by
6.3k points