ty68gzvyz2 ty68gzvyz2

07-07-2022
Mathematics

contestada

How much simple interest is earned on an investment of 1,250 if the money is invested for 5 years at an annual interest rate of 4.5%

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jimthompson5910 jimthompson5910

07-07-2022

Answer: $281.25

Work Shown:

i = P*r*t

i = 1250*0.045*5

i = 281.25

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