Samuel has 2,000 in the bank and owns a car worth 9,000 . he also has 10,000 worth of student loans and a 500 credit card bill. what is samuel's net worth ? a $0 b 15,000 c 1,100 d 500

D

Step-by-step explanation:

the answer is 200

step-by-step explanation:

the way the question is worded, it seems to imply the $264 interest is simple interest, not compound interest.

the simple interest for 2 years is $264; the simple interest for 1 year is $132.

$132 interest on a $600 investment means an interest rate of (132/600)*100 = 22%.

the value of $200 at 22% interest compounded annually for three years is

200%281.22%29%5e3

the amount of interest is that value, minus the original $200.

chase is right because he already been to the swings and he know how far it will be to get there

step-by-step explanation: