56.2k views
2 votes
I need this soon, so please hurry!

I need this soon, so please hurry!-example-1

1 Answer

5 votes
I = P x r x t

P is the principal amount, $420.00.

r is the interest rate, 3.5% per year

t is the time involved, 5 years

420 × 0.035 × 5 = 73.50

73.50 + 420 = 493.5

User Qasim
by
8.5k points

No related questions found