Answer:
A = $7,350.00
Step-by-step explanation:
Equation:
A = P(1 + rt)
First, converting R percent to r a decimal
r = R/100 = 9%/100 = 0.09 per year.
Putting time into years for simplicity,
30 months / 12 months/year = 2.5 years.
Solving our equation:
A = 6000(1 + (0.09 × 2.5)) = 7350
A = $7,350.00
The total amount accrued, principal plus interest, from simple interest on a principal of $6,000.00 at a rate of 9% per year for 2.5 years (30 months) is $7,350.00.
* Therefor, the answer is $7,350.00.
* Hopefully this helps:) Mark me the brainliest:)!!!
