Greg saved $6000 in his bank account. His account interest rate is 2.5%. What will be the amount of interest earned after 5 years?

asked Apr 10, 2022 104k views

10 votes

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9 votes

Answer:

$6750...............

SI = P*R*T/100

SI = 6000*2.5*5/100

SI= $750

amount= P+SI

Amount= 6000+750

Amount= $6750

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