Question

Daniel deposited $5,000 in his saving account. He left the money in the account

for 25 years and earned 3.5% simple interest. How much interest did her earn?

Answer 1

$4375

Explanation:

What you do first is multiple $5,000 by 3.5% to get $175 after that you would then multiple $175 by 25 for each year you are getting $175 when you do all that you get $4375 in interest