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1) A bank is offering 2.5% simple interest on a savings account. If you deposit $5000, how much interest will you earn in one year?
asked
Feb 28, 2022
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1)
A bank is offering 2.5% simple interest on a savings account. If you deposit $5000,
how much interest will you earn in one year?
Mathematics
high-school
Rozwel
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Principal=P=5000
Rate of interest=R=2.5%
Time=t=1year
Interest=I
Stefaanv
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Mar 3, 2022
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5
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Answer:
$125 is the interest that you might earn
Sehafoc
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Mar 7, 2022
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Sehafoc
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