Question

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. ​

Answer 1

1,462.50

Explanation:

6500

x.045

=292.50 per year

x. 5 years

=1,462.50