189k views
3 votes
6. Gabriella invests $6,500 into a savings account that earns 4.5% interest, and she is investing the money for 5 years without making any other deposits or withdrawals. How much interest wil Gabriella's money earn if the account eams simple interest? . e Record your answer and fill in the bubbles on your answer document. Be sure to use the correct place value. ​

1 Answer

5 votes

Answer:

1,462.50

Explanation:

6500

x.045

=292.50 per year

x. 5 years

=1,462.50

User Theran
by
9.1k points
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories