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Jose invested $5000 into a fund with an interest rate of 4.8%. How much interest would he earn after 2 years?

Jose invested $5000 into a fund with an interest rate of 4.8%. How much interest would he earn after 2 years?
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Jose invested $5000 into a fund with an interest rate of 4.8%.

How much interest would he earn after 2 years?

User Scarhand
by
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1 Answer

3 votes
$5000 × 0.048×2= $480

Answer: $480
User Tomcat
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