Question

Edward deposited 8,500 into savings account 3 years ago. The simple interest rate is 5%. How much money did Edward earn in interest?

Answer 1

9775

Explanation:

the answer is 97 $75 the reason being in between the span of three years in one year his earning an interest of 425 in three years he should have 9775 equals 425 x 3 you get to have 1827 when you add it on top of the initial amount that was in the account should be at 5.30 to 9725