You wish to invest $500. You are going to earn 5% simple interest. How much interest will you earn?

asked Apr 7, 2019 74.5k views

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Answer:You would earn .05 x $500 or $25 over that time period.

Explanation:

Ken Bonny answered Apr 8, 2019

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7 votes

You would earn .05 x $500 or $25 over that time period.

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