Caleb bought a $795 necklace for his wife's birthday. If he bought it on credit with an interest rate of 16.25%, how much total will he have paid after three years?

The total amount that he would have paid after 3 years is

$1183

Step-by-step explanation:

We would apply the formula for determining simple interest which is

expressed as

I = PRT/100

Where

I represents interest paid on the amount owed.

P represents the principal or initial amount owed.

R represents interest rate

T represents the duration for which the amount was owed in years.

From the information given,

P = $795

R = 16.25

T = 3 years

Therefore,

I = (795 × 16.25 × 3)/100

I = $388

The total amount that he would have paid after 3 years is

795 + 388 = $1183

answer: 1,380

step-by-step explanation:

1: you turn %15 into a decimal by moving the decimal point two places to the left.

2: and then you multiply .15 by 1,200 , which will get you 180.00

3: from there you will add 180 to 1,200

4: which will get you 1,380

hope it *im kind of slow so idk if my answer is right*

7. d. 64

8. i. 32

9. c. 125

10. j. none of the above

11. d. 81

12. i. 216

13. e. none of the above

14. g. 240

15. e. none of the above

16. g. 32

17.   e. none of the above