Answer:
A. $1852.50
Step-by-step explanation:
Principal amount= P= $3, 900
Rate= r = 19% = 0.19
Time (in years) = t = 2.5
Amount after 2.5 years (A)
[tex]A = P(1+r t )[/tex]
[tex]A = 3900 (1+ (0.19) 2.5)[/tex]
[tex]A = 5,752.5[/tex]
Total interest in 2.5 years = A-P = 5752.5 - 3900 = 1852.50
