Kristina invests $5,000 at 15% simple interest for 2 years.How much interest did Kristina earn over the 2 years?

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asked Nov 8, 2018 202k views

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Kristina invests $5,000 at 15% simple interest for 2 years.How much interest did Kristina earn over the 2 years?

Mathematics
college

XAqweRx asked

by XAqweRx

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using
SI = PRT/100
=( 5000 × 15 × 2)/100
= 50×15×2= 1500$

Khattab answered Nov 14, 2018

by Khattab

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