The starting principal for a savings account is $300. if there are no additional deposits or withdrawals, at a simple interest rate of 3.5%, what will be the account balance after 5 years?

pls

$352.50

Step-by-step explanation:

We can use simple interest formula to solve this. The formula is:

i is the interest amount

P is the principal amount

r is the rate of interest (in decimal)

t is the time in years

Lets find the interest and then add it to principal to find the balance after 5 years.

Given:

P = 300

r = 3.5% = 3.5/100 = 0.035

t = 5

Substituting we find the interest:

So $300 earns $52.50, so total balance would be:

300 + 52.50 = $352.50

d) 30 units^2

area of rectangle = l × b

we know,

length = 10 unit

breadth = 3 unit

applying the formula,

= l × b

= 10 × 3

= 30 unit^2

happy to

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step-by-step explanation:

mean or average is 40.6