Basic College Mathematics (10th Edition)

Published by Pearson
ISBN 10: 0134467795
ISBN 13: 978-0-13446-779-5

Chapters 1-7 - Cumulative Review Exercises - Page 530: 31

Answer

Interest $2,821.88$ dollars Total amount $21,571.88$ dollars

Work Step by Step

Interest $I = 18750*\frac{4.3}{100}*3.5 = 2,821.88$ Total amount $18750 + 2821.88 = 21,571.88$
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