Use simple interest to find the ending balance:

To find the ending balance using simple interest, you can use the formula:

\[
A = P(1 + rt)
\]

Where:
- \( A \) is the ending balance.
- \( P \) is the principal amount (initial investment).
- \( r \) is the annual interest rate (in decimal form).
- \( t \) is the time the money is invested or borrowed for, in years.

### Steps:
1. Convert the interest rate from a percentage to a decimal by dividing by 100.
2. Plug in the values for \( P \), \( r \), and \( t \) into the formula.
3. Solve for \( A \).

If you provide the values for the principal amount, interest rate, and time period, I can calculate the ending balance for you.

Would you like to proceed with some example values, or do you have specific values to input?

Learn how to calculate the ending balance using simple interest with a step-by-step guide. This problem covers the simple interest formula A = P(1 + rt), where A is the ending balance, P is the principal amount, r is the annual interest rate (in decimal form), and t is the time in years. Suitable for students in Grades 6-8.

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