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When Marty was born, his parents deposited $5000 in a college savings account that earns simple interest at a rate of 7.25% per year. How much interest will the money have earned after 18 years?
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When Marty was born, his parents deposited $5000 in a college savings account that earns simple interest at a rate of 7.25% per year. How much interest will the money have earned after 18 years?

User Luizfzs
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I=prt=5000*7.25%*18=6,525
User VKK
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