Answer:
if its simple interest: $375 in interest, so he would have $1875 in total
if its compound interest: $420.13 in interest, so he would have $1920.13 in total
Step-by-step explanation:
I=Prt for simple interest, where I is interest, P is principle or the original amount, r is the interest rate, and t is the amount of time.
but compound interest adds on to the total instead of the initial savings so its more complicated
