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3 years ago

$4000 at 6.5% for 5 years

Mathematics

2 answers:

cluponka [151]3 years ago

5 0

5,300.00 hope that helps good luck

ElenaW [278]3 years ago

5 0

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.

<em>Hope this helped! :)</em>

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