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PLZZZZZ I NEED THE CORRECT ANSWER NOW Use the simple interest formula to find the ending balance. $5000 at 5% for 3.5 years. Enter your answer in the box.
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PLZZZZZ I NEED THE CORRECT ANSWER NOW

Use the simple interest formula to find the ending balance.


$5000 at 5% for 3.5 years.


Enter your answer in the box.

User Pieter Van Loon
by
4.9k points

1 Answer

5 votes

Answer:

$875

Explanation:

5000/ .05 =

250

250 x 3.5 =

875

User Janmoesen
by
5.1k points
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