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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%

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%
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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
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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
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