Select the correct answer. If $50,000 is invested at a simple interest rate of 8 percent, what is the net amount payable at the end of five years?

asked Dec 20, 2022 61.6k views

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Select the correct answer.

If $50,000 is invested at a simple interest rate of 8 percent, what is the net amount payable at the end of five years?

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1 vote

Answer:

70,000

Step-by-step explanation:

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