Answer
$15080
Step-by-step explanation:
ok so i havent done these in a while but basically.
First, we need to find out what the 6% is.
[tex]\frac{5}{100} \times \frac{11600}{1}[/tex]
5/100 because it's PERCENT, and well we need to put the 11600 out of 1.
Wich gives us
$580. THen, we multiply that by 6, (6 years). Which gives us
$3480. Now, we add that to the $11600. WHich gives us
$15,080.
Hope this helps!
