jd244940 jd244940
  • 23-04-2021
  • Mathematics
contestada

Marsha will deposit $5,000 into an account for 10 years. What is the interest earned for 5%?

Respuesta :

fnej
fnej fnej
  • 23-04-2021

Answer:

$2,500

Step-by-step explanation:

I = Prt

Given:

P = 5000

r = 0.05

t = 10

Work:

I = Prt

I = (5000)(0.05)(10)

I = 250(10)

I = 2500

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