Use the simple interest formula. $5000 at 5% for 2 years. Find the amount of interest and the total amount (principal + interest)

asked Apr 28, 2021 8.3k views

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3 votes

Answer:

interest = $500, total amount = $5500

Sorry about the other person

Hope this helps!

JAM answered May 4, 2021

by JAM

5.8k points

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