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

14

step-by-step explanation:

14 x 3 = 42

i think there was a typo. you wrote pat brings 3 quarts of ice-cream to the party. each serving of ice-cream is 1 6 quart. how many total servings of ice-cream does pat bring to the party? i think the bold is supposed to be 1/6. so 1 quart of ice cream = 6 servings. 6 * 3 = 18.