Respuesta :

Space

Answer:

$15,720

General Formulas and Concepts:

Pre-Algebra

Order of Operations: BPEMDAS

  1. Brackets
  2. Parenthesis
  3. Exponents
  4. Multiplication
  5. Division
  6. Addition
  7. Subtraction
  • Left to Right

Algebra I

Simple Interest Rate Formula: A = P(1 + rt)

  • P is principle amount
  • r is rate
  • t is time

Step-by-step explanation:

Step 1: Define

Identify variables.

P = $52,400

r = 6%

t = 5

Step 2: Find Current Investment Value

  1. Substitute in variables [Simple Interest Rate Formula]:                                 A = 52,400(1 + 0.06 · 5)
  2. [Order of Operations] Evaluate:                                                                      A = $68,120

Step 3: Find Total Return

  1. Set up:                                                                                                               R = A - P
  2. Substitute in variables:                                                                                     R = 68,120 - 52,400
  3. [Order of Operations] Evaluate:                                                                      R = $15,720

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