Ben deposited $500 into a savings account at a local bank that earned 5% interest per year. How much interest does he earn per year?

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Surz asked Feb 27, 2022

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Ben deposited $500 into a savings account at a local bank that earned 5% interest per

year. How much interest does he earn per year?

Mathematics
high-school

Surz asked Feb 27, 2022

by Surz

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14 votes

Answer:

$25

Explanation:

500*0.05=25

Aswathy Bose answered Mar 1, 2022

by Aswathy Bose

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15 votes

Answer:

$25 because 100 is half of 500

Tomrs answered Mar 3, 2022

by Tomrs

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