Question

I will give out a medal for the first person to answer this question:

Principal: $1,000
Rate: 8.5%
Time: 3 years

A. $255
B. $170
C. $22.5
D. $17

Thanks. :)

Answer 1

Wrong section, but what have you tried?

Answer 2

oh...

Answer 3

duh

Answer 4

Show me your attempt and I'll walk you through it.

Answer 5

@DLover243

Answer 6

huh?

Answer 7

Are you just expecting the final answer?

Answer 8

no

Answer 9

I'm asking you to show me what you've tried.

Answer 10

i did 1,200 * 8.5 * 3 and got 30,600 but thats not right.

Answer 11

1200?

Answer 12

and it's 8.5% not 8.5

Answer 13

8.5% = 0.0085

Answer 14

1. OHHHHH
2. I know it's like 4% = 0.04

Answer 15

0.085*

Answer 16

ok let me try 1,000

Answer 17

Yup :)

Answer 18

OHH ok THANKS!

Answer 19

here's ur medal like i promised

Answer 20

there u go :)

Answer 21

You got 255 right? 1000*0.085*3 = 255

Answer 22

yeah

Answer 23

Good job!

Answer 24

enjoy ur medal

Answer 25

:)

Answer 26

Thanks :)