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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asked Jul 14, 2022 80.2k views

1 vote

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?

Mathematics
college

Lgersman asked

by Lgersman

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1 Answer

5 votes

Answer:

180000

Explanation:

4.5 x 5 = 22.5

22.5 x 8000 = 180000

Aman Chourasiya answered Jul 20, 2022

by Aman Chourasiya

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