rosie131 rosie131
  • 29-04-2016
  • 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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la867151
la867151 la867151
  • 29-04-2016
Simple interest I= prt. 1,250 x 4.5 x 5 equals $28,125
Answer Link
makayadtaylor makayadtaylor
  • 14-05-2021

Answer:

28, 125

Step-by-step explanation:

Its so easy

1,250 x 4.5 = 5,625

5,625 x 5 = 28,125

Answer Link

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