Answer:
is your answer $3250
Step-by-step explanation:
so we dont know our I (interest) but :
P (principal) = 10000
R (rate) = 6.5% we'll have to turn it into the decimal which is 0.065
T (time) = 5 years
and our basic formula of finding I is I = PxRxT so :
I = 10000 x 0.065 x 5
I = 3250
