fettywap173832
fettywap173832
05-12-2017
Mathematics
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$4000 at 6.5% for 5 years
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bfrane20
bfrane20
05-12-2017
5,300.00 hope that helps good luck
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itsveedikulus
itsveedikulus
05-12-2017
The formula is; P x R x T divided by 100.
So, substituting them, it would be; 4000 x 6.5 x 5 divided by 100.
Simplifying further, it would be; 130000 divided by 100.
To which the answer would be; $1300.
Hope this helped! :)
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