Respuesta :

mathstudent55

Answer:

$6960

Step-by-step explanation:

p is not the principle. It is the principal.

I = prt

p = $6000

r = 8% = 0.08

t = 2

I = ($6000)(0.08)(2)

I = $960

Total amount after 2 years = principal + interest

Total amount = $6000 + $960

Total amount = $6960

mhanifa

Answer:

  • $6960

Step-by-step explanation:

Given:

  • P = 6000
  • r = 8% = 0.08
  • t = 2 years

Use the given formula and find he final amount:

  • A = P + I = P + Prt = P(1 + rt)
  • A = 6000(1 + 0.08*2) = 6960

Correct choice is A