Question

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

principal = $1700; rate = 6%; time = 5 years

A.
$1802

B.
$1904

C.
$2210

D.
$2312

Answer 1

@ganeshie8

Answer 2

@acxbox22

Answer 3

use the same equation i gave you in the previous question
I=prt

Answer 4

my answer isnt one of my choices

Answer 5

since it says total money saved
you have to add the interest amount and the principle amount

Answer 6

but that that 6800, thats not a choice

Answer 7

@johnweldon1993 @phi

Answer 8

okay so
I=1700 x 0.06 x 5
I=510 <--- that is interest
now 510 + 1700 will give you the total amount

Answer 9

ooh! i put 0.6 so that makes more sense

Answer 10

thx!

Answer 11

;)