The answer is $1,026.
Solving: Use Simple interest formula, I=Prt.
Make the rate into a decimal (1.6% -> 0.016)
plug in the numbers into the formula. 950 x 0.016 x 5 = 76$.
76$ will be our interest, now to find the balance we would have to add the the starting money (950) with our interest (76$), resulting in our answer of $1,026 after 5 years.
Answer:
92
Step-by-step explanation:
Answer:
A
Step-by-step explanation:
Being similar means that the shapes will have the same shape and dilation factor between sides, but if they are not congruent then the size will not be the same.
