thecakebro thecakebro

16-12-2016
Mathematics

Answered

Use the simple interest formula to find the ending balance.

$5000 at 5% for 3.5 years.

Verified Answer :

Anonymous Anonymous

16-12-2016

$5000 * 0.05 * 3.5 = $875

$5000 + $875 = $5875

answer: ending balance = $5875
hope that helps

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