Im pretty sure your answer is gonna be A) 15.5 .
2 3/4 i believe, hope this helps
16000x9%x5 is $7200 #1 is $7200
16000x9%x3 is $2400 soo 7200-2400 is 4800 sooo
#1 is $7200
#2 is he or she will save $4800
New balance
2,103.23+(2,103.23×0.144)+390
=2,796.095
