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What is the ending balance of an account with $42,000 and earns simple interest at a rate of 3% for 5 years?

What is the ending balance of an account with $42,000 and earns simple interest at a rate of 3% for 5 years?
asked 60.4k views
3 votes
What is the ending balance of an account with $42,000 and earns simple interest at a

rate of 3% for 5 years?

asked
User Miles P
by
7.9k points

1 Answer

4 votes

Answer: $6,300.00

Explanation:

answered
User Kvista
by
8.4k points
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