Register
how much simple interest is earned on an investment of $1250 if the money is invested for 5 years at an annual interest rate of 4.5%
177k views
4 votes
how much simple interest is earned on an investment of $1250 if the money is invested for 5 years at an annual interest rate of 4.5%

User Vladislav Vatrushkin
by
8.3k points

1 Answer

5 votes
approximately $307.73 is the total amount of interest earned for 5 years at an annual interest rate of 4.5%, with an initial investment of $1,250. 
User Aimn Blbol
by
8.5k points
← Prev Question Next Question →

Related questions

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

9.4m questions

12.2m answers

Other Questions

How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
How do you estimate of 4 5/8 X 1/3
i have a field 60m long and 110 wide going to be paved i ordered 660000000cm cubed of cement  how thick must the cement be to cover field
Write words to match the expression. 24- ( 6+3)
Link Copied!