Mathematics, 08.12.2021 17:00 AmaniHaikal

An account with an initial balance of $5000 earns 5% interest for 3.5 years. What is the ending balance?

Enter your answer in the box.

Hint: Use the formula I=P×R×T

to find the interest first then find the ending balance.

I= Interest Earned/Owed

P= Principal

R= Interest Rate

T= Time

An account with an initial balance of $5000 earns 5% interest for 3.5 years.

What is the ending b

Answers: 1

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