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An investment of $1,500 is earning 7% simple interest each year how much will the investment be worth after one year

An investment of $1,500 is earning 7% simple interest each year how much will the investment be worth after one year
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An investment of $1,500 is earning 7% simple interest each year how much will the investment be worth after one year

User Kalyan Reddy
by
7.7k points

1 Answer

6 votes

Answer:

1500 * 0.07 = 105

105 + 1500 = 1605

Explanation:

User Liseth
by
7.7k points
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