A student's parents invested $5,000 in a college savings account that pays 4.85% annual simple interest. No additional deposits or withdrawals will be made.
Which amount is closest to the interest earned on the account at the end of 15 years?
A $5,174.11
B $10,174.11
C$3,637.50
D $8,637.50

C $3. 637.5

Step-by-step explanation:

interest 4.85% x 15 (years) = 72.75%

$5000 x 72.75% = $ 3. 637.5 interest

interest after 15 years :

5000.(1+4.85%)∧15 = 9788.126349$

=> the answer is B

Step-by-step explanation:

1/3

step-by-step explanation:

to find this, you can divide 12 by 4 which is 3 or you can multiply 4 until you reach 12 (4x3=12). both should give you 3, meaning theres three times less bananas than there are oranges.