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Use the simple interest formula to find the ending balance $4000 at 6.5% for five years
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Use the simple interest formula to find the ending balance $4000 at 6.5% for five years

User Harold Ekstrom
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1 Answer

6 votes
I=prt
I=(4000)(0.065)(5)
I=1300

User Uneducatedguy
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8.2k points
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