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After 6 months what would be the simple interest earned on an investment of $5,000 be at 6%.
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After 6 months what would be the simple interest earned on an investment of $5,000 be at 6%.

User Ben Siver
by
4.6k points

1 Answer

6 votes

Answer:

$150

Explanation:

I = prt

I = 5000(.06)(.5)

I = 150

User Redorav
by
4.8k points
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