soncrantkm
soncrantkm soncrantkm
  • 07-03-2022
  • Mathematics
contestada

Jen deposits $9,500 into a bank account that pays her 4.5% simple interest for 5 years. How much interest will she earn over 5 years?

Respuesta :

ygulbeden
ygulbeden ygulbeden
  • 07-03-2022

Answer:

9927.5$

Step-by-step explanation:

4.5% 0f 9500 is 427.5$ which is growing in 5 years.

Answer Link
svotteler2010
svotteler2010 svotteler2010
  • 07-03-2022
9927.50$

Multiple 9500 by 0.045 you will get 572.5 which you subtract from 9500
Answer Link

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