Based on simple interest, find the total amount saved or owed.

principal = $1056; rate = 3.75%; time = 6 years

A.
$1293.60

B.
$1452.00

C.
$1689.00

D.
$3432.00

Question

Based on simple interest, find the total amount saved or owed. 

principal = $1056; rate = 3.75%; time = 6 years
 
 A.
$1293.60
 
 B.
$1452.00
 
 C.
$1689.00
 
 D.
$3432.00

anonymous · Answer

@nannaberry @marinesrock

amistre64 · Answer

im pretty sure Prt is applicable here

amistre64 · Answer

Prt is the amount of interest accrued, add that back to P to find the total amount

P+Prt

P(1+rt)

or any rendition of it that suits ...

anonymous · Answer

um.......i'm in 6th grade i don't know that yet

anonymous · Answer

divide it by 3.75 then multiply it by 6 and let me know what you got

anonymous · Answer

@angel12310

anonymous · Answer

did you do what i asked you to do?

anonymous · Answer

1689.6

anonymous · Answer

what next

amistre64 · Answer

Prt is the formula for simple interest ...

anonymous · Answer

confusing that's not one of the answer choices

amistre64 · Answer

principal x rate x time = interest

total = principal + interest

anonymous · Answer

i need the answer sorry quick or my mom will literaly kill me.

amistre64 · Answer

good luck then ....

anonymous · Answer

from you

anonymous · Answer

@marinesrock

anonymous · Answer

@nannaberry