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Use the simple interest formula to find the ending balance. S5000 at 5. for 3.5 years. ​

Use the simple interest formula to find the ending balance. S5000 at 5. for 3.5 years. ​
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Use the simple interest formula to find the ending balance. S5000 at 5. for 3.5 years. ​

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User Ericpap
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7.7k points

1 Answer

5 votes

Answer:

5000 * 0.05 * 3.5 = 875

5000 + 875 = 5875

answer: ending balance $5,875

Explanation:

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User Waqasahmed
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8.3k points
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