Register
Ahmad deposits $5000 into an account that pays simple interest at a rate of 5% per year. How much interest will he be paid in the first 2 years?
222k views
3 votes
Ahmad deposits $5000 into an account that pays simple interest at a rate of 5% per year. How much interest will he be paid in the first 2 years?

User Glenn Bech
by
4.0k points

1 Answer

3 votes

Answer:

Step-by-step explanation:5512.50 dollars

User Jan Dolejsi
by
6.4k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

5.6m questions

7.3m answers

Other Questions

What is the value of x? (-4) - x = 5
1/7 + 3/14 equivalent fractions
185g in the ratio 2:3
(3x1,000,000)+(3x100,000)+(2x100) what is this number written in standard form?
The function h = -t2 + 95 models the path of a ball thrown by a boy where h represents height, in feet, and t represents the time, in seconds, that the ball is in the air. Assuming the boy lives at sea
Link Copied!