Reuben would like to buy sports car that cost $35,000 today when he graduates from college in five years if the rate of information is expected to be 3% per year over the next five years how much wood Ruben expect to pay for a similar sports car in today's dollars

Step-by-step explanation:

Amount he will pay in the next five years = Principal + Interest

Given Principal =  $35,000

Simple Interest = PRT/100

R is the rate = 3%

T is the time in years = 5years

SI = 35,000 * 3 * 5/100

SI =  $5,250

Amount =  $35,000  +  $5,250

Amount =  $40,250

Ruben will have to pay $40,250 after 5years

a

explanation:

black/brown

step-by-step explanation:

well, you see here, jamal was born to 2 parents, his mother who he lives with and his father who left at a young age and who happens to be younger than him. he stole cookies because he has to steal food due to the fact that he spends his government poverty checks on pot and women.