Edward deposited $5,500 into a savings account 5 years ago. The simple interest rate is 5%. How much money did Edward earn in interest? I really need help♡︎!

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asked Jan 23, 2022 18.5k views

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Edward deposited $5,500 into a savings account 5 years ago. The simple interest rate is 5%. How much money did Edward earn in interest?

I really need help♡︎!

Mathematics
college

Maxrodrigo asked

by Maxrodrigo

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1 Answer

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Answer:

$1375 in interest and $6875 total.

Explanation:

Mukul Gupta answered Jan 27, 2022

by Mukul Gupta

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