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

User SuperManEver
by
7.9k points

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
8.2k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.0m questions

11.6m answers

Other Questions

Who was Adam Smith ? Anybody?
What can turn igneous rock into sediment?
In what way did the GI Bill contribute to the growth of professional and white-collar jobs ? A.by providing US laborers with new job-training programs B.by giving US veterans assistance to purchase a new
What is meant by data mining ?
What is the best way to describe a stock market?
Link Copied!