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Martin deposited $2,000 into an account that earned 5% simple interest over 10 years. What is the amount of interest earned after 10 years?
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Oct 19, 2022
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Martin deposited $2,000 into an account that earned 5% simple interest over 10 years. What is the amount of interest earned after 10 years?
Mathematics
high-school
Elmir
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Answer:
the answer is $1000
Explanation:
$2000×5%×10years÷100=$1000
Dan Weaver
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Oct 24, 2022
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Dan Weaver
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