Answer:
she has $2925 in her account now
Step-by-step explanation:
Hello
I think I can help you with this
the amount that eloise currently has in her account is the sum of the initial amount + interest
Let
initial amount=$1500 = 100%
the amount that eloise currently has in her account is the sum of the initial amount + interest
100%+95%=195%
she has 195% of the initial value invested, you can find this value using a rule of three
if
$1500⇔100%
$x? ⇔195%
[tex]\frac{1500}{100} =\frac{x}{195}\\ solve\ for\ x\\\frac{195*1500}{100}=x\\x=2925[/tex]
$2925
she has $2925 in her account now
