Answer:
Step-by-step explanation:
Simple interest = [tex]650*\frac{3}{100}=$19.5[/tex]
End of first year = 650+19.5 = $669.50
End of second year = 669.50+19.5 = $ 689
End of third year = 689+19.5 = $708.50
End of fourth year = 708.50 +19.5 = $ 728
End of fifth year = 728 +19.5 = $747.50
