Register

Jett decides to invest $5000 in his savings account. The account has an interest rate of 5%. How much interest does Jett have after 5 years?

Jett decides to invest $5000 in his savings account. The account has an interest rate of 5%. How much interest does Jett have after 5 years?
219k views
11 votes
Jett decides to invest $5000 in his savings account. The account has an interest rate of 5%. How much interest does Jett have after 5 years?

User Erika
by
8.1k points

1 Answer

10 votes

Answer:

$1,250

Explanation:

use the I = Prt simple interest formula

Jett decides to invest $5000 in his savings account. The account has an interest rate-example-1
User JustAGuy
by
8.5k points
← Prev Question Next Question →

Related questions

User Lukkea
asked Oct 27, 2024 38.2k views
Emergency jettison is performed by pushing the EMERG JETT button with either the _______________ or with _______.
Lukkea asked Oct 27, 2024
by Lukkea
7.6k points
1 answer
4 votes
38.2k views
User Baziorek
asked May 20, 2024 9.2k views
Joan Jett is an American rock guitarist, singer, producer and actress. a. true b. false
Baziorek asked May 20, 2024
by Baziorek
8.7k points
1 answer
0 votes
9.2k views
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

Categories

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
Link Copied!