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joniahp
joniahp joniahp
  • 04-01-2017
  • Mathematics
Answered

Use the simple interest formula to find the ending balance.


$4000 at 6.5% for 5 years.


Enter your answer in the box.

Verified Answer :

KBonacker
KBonacker KBonacker
  • 04-01-2017

A = 4000(1 + [0.065 * 5])
A = $5300

Answer Link
quziel
quziel quziel
  • 12-11-2020

The answer should be 5300

Answer Link

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