Ben deposited $500 into a savings account at a local bank that earned 5% interest per year. How much interest does he earn per year?

asked May 26, 2022 130k views

5 votes

Ben deposited $500 into a savings account at a local bank that earned 5% interest per

year. How much interest does he earn per year?

3.8k points

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3 votes

Answer:

$25

Explanation:

500*0.05=25

Misco answered May 26, 2022

by Misco

3.3k points

5 votes

Answer:

$25 because 100 is half of 500

Tavi answered May 31, 2022

by Tavi

3.4k points

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