Question

MacKenzie invested $6,500 in an account that earns 4.3% simple interest rate. What is the balance in her account after 5 years?

Answer 1

so you wold do I=t×r×A ok so I=6,500 t=5 r=4.3 and u have to find A so you wolf multiple 5×4.3=21.5 and than you wold divide 6500÷21.5=302.3255813953488×21.5= 6500 so A=302.3255813953488