Answer:
$5150
Explanation:
Given data
Principal=$4000
Rate=5.75%
Time= 5 years
The expression for the balance on simple interest is
A=P(1+rt)
substitute
A=4000(1+0.0575*5)
A=4000(1+0.2875)
A=4000X(1.2875)
A=$5150
Hence the balance is $5150
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