Answer:
a
Step-by-step explanation:
just did this last period
Answer:
418.69 usd
Step-by-step explanation:
Answer:
$728
Step-by-step explanation:
The formula for simple interest is I = PRT, where I = interest earned/paid, P = principal amount deposited or borrowed, R = rate of interest as a decimal, and T = time in years.
I = PRT
I = (4000)(0.052)(3.5)
I = 728
1st: add 5 to each side
2nd: divide by 2 on each side