Use the simple interest formula to find the ending balance.

$5000 at 5% for 3.5 years.

Round your answer to the nearest cent.

Enter your answer in the box.

Respuesta :

5000 * 0.05 * 3.5 = 875

5000 + 875 = 5875

answer: ending balance $5,875
I believe it's 5,875.00

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