A = $125.73
I = A - P = $49.30
hey!
Equation:
A = P(1 + rt)
Calculation:
First, converting R percent to r a decimal
r = R/100 = 21.5%/100 = 0.215 per year.
Solving our equation:
A = 76.43(1 + (0.215 × 3)) = 125.72735
A = $125.73
The total amount accrued, principal plus interest, from simple interest on a principal of $76.43 at a rate of 21.5% per year for 3 years is $125.73.
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hope i helped in some way! keep pushing you got this
