104k views
4 votes
Aaliyah has $82,845 in a savings account that earns 12% annually. The interest is not

compounded. How much interest will she earn in 5 years?

User Jaloplo
by
6.7k points

2 Answers

4 votes

☆Answer :

$82,845 × 12% × 5

= $82,845 × 0.6

= $49,707

User Tinonetic
by
6.7k points
7 votes

Answer:

  • $49707

Explanation:

Amount of 12% simple interest for 5 years on sum of $82845 is:

  • $82845*5*(12/100) = $49707
User Ancurio
by
6.8k points
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