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Help, please We invest $2500 in an account that pays a simple interest of 3% each year. How much interest is earned after 10 years? The interest earned after 10 years is $ _____…

Help, please We invest $2500 in an account that pays a simple interest of 3% each year. How much interest is earned after 10 years? The interest earned after 10 years is $ _____…
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4 votes
Help, please

We invest $2500 in an account that pays a simple interest of 3% each year. How much interest is earned after 10 years?

The interest earned after 10 years is $ _______
.

User Jdgilday
by
8.1k points

1 Answer

3 votes

Answer:

750

Explanation:

I=Prt

I= 2500*0.03*10

I=750

User Floating Cat
by
7.7k points
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