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22 points plz help): Sara earns 5% simple interest on her 2,500 certificate of deposit.how much simple interest will Sara earn in a year ..? Plz help me and explain your answer thank you ..
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22 points plz help): Sara earns 5% simple interest on her 2,500 certificate of deposit.how much simple interest will Sara earn in a year ..? Plz help me and explain your answer thank you ..

User Pbasdf
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8.1k points

1 Answer

3 votes
So there's 2 ways to get the answer
The 1st way is 2500÷100%=25.00×5%=125.00
The 2nd way You move the decimal point two places to the left Think of 5 as dollars
5.00 so Move the decimal point That would be .05 Now 2500×.05=125
User Rich Hildebrand
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