Register
Graduation gift of $5,000 average 2.5% interest. 3. what will the total value be after 10 years simple interest?
171k views
1 vote
Graduation gift of $5,000 average 2.5% interest. 3. what will the total value be after 10 years simple interest?

User Kyberias
by
5.7k points

1 Answer

5 votes
I = PRT
5000 x 0.025 x 10
= 1250
Total value = 5000 + 1250
= 6250
User Mario Vernari
by
5.1k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

5.6m questions

7.3m answers

Other Questions

What is the value of x? (-4) - x = 5
1/7 + 3/14 equivalent fractions
185g in the ratio 2:3
(3x1,000,000)+(3x100,000)+(2x100) what is this number written in standard form?
The function h = -t2 + 95 models the path of a ball thrown by a boy where h represents height, in feet, and t represents the time, in seconds, that the ball is in the air. Assuming the boy lives at sea
Link Copied!