$I = \frac{P\times R \times T}{100}$ .......[1] , where P is the Principal amount of money to be invested, R be the rate of interest and T be the time.

Substitute the given values of P , R and T in [1] we have;

$I = \frac{P \times R \times T}{100} = \frac{5000\times 5 \times 3.5}{100}$

$I = 50 \times 5 \times 3.5 = 250 \times 3.5$

Simplify:

$I = \$ 175$

An Ending balance is calculated by subtracting cash outflows, interest paid for financing and principal paid on financing.

Ending Balance = $ 5000 + $ 175 = $ 5,175.

Therefore, the ending balance is $ 5,175

3 0

3 years ago

Melissa and Brian are at the base of a mountain. Melissa hikes to

Free_Kalibri [48]

67 meters because if you use the triangle congruent method with the altitude at 65 degrees you should get the right answer

8 0

2 years ago

[10 Points, Algebra 2]

tensa zangetsu [6.8K]

5/ 1+1= 5/2
1+4/1^2-3(1)-4= 5/-6

5/2 - 5/-6 does not equal zero

4 0

2 years ago