169k views
0 votes
What will be the total amount earned by investing $2,500 for 1.5 years, at a simple interest rate of 10% annually.?

1 Answer

3 votes

Answer:

$375 is the correct answer, everyone keeps adding the 375 + 2,500 but that will mark as wrong you don't have to add them together.

Step-by-step explanation:

What will be the total amount earned by investing $2,500 for 1.5 years, at a simple-example-1
User MehulJoshi
by
8.6k points

No related questions found

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories