HELPPP ARE IMA GET AH BEATING AHA TY Use the simple interest formula to find the end balance. Round your answer to the nearest cent (hundredths place).

$55,000 at 2.5% for 5 years

a
$6,875
b
$68,750
c
$61,875
d
$123,750

Einstein office equipment has a rental plan for office machines. a fax machine that lists for $722.98 can be rented for 22% of the price annually. the state imposes a usage charge of 3.2%. if stephen hawking travel decides to rent the fax machine, what will its total monthly rental charge be?