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24 June, 21:29

Use the simple interest formula to find the ending balance.

$4000 at 6.5% for 5 years.

Enter your answer in the box.

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Answers (1)
  1. 24 June, 22:23
    0
    A = 4000 (1 + [0.065 * 5])

    A = $5300
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