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A woman invests $8000 in an account that earns 4.5% simple interest. If the money is invested for 5 years, how much money is in the account at the end of the 5 year period?
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A woman invests $8000 in an account that earns 4.5% simple interest. If the money is invested for 5 years, how much money is in the account at the end of the 5 year period?

User Lgersman
by
6.1k points

1 Answer

5 votes

Answer:

180000

Explanation:

4.5 x 5 = 22.5

22.5 x 8000 = 180000

User Aman Chourasiya
by
6.5k points
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