Chari deposits $5,000 in a savings account earning 5.75% simple interest per year. Part B How much money will be in Chari's account after 10 years?

asked Nov 22, 2021 90.9k views

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6 votes

Answer:

$7,875

Explanation:

5.75% of 5000 = 287.5

287.5 x 10 = 2875

5000 + 2875 = 7875

Lua answered Nov 28, 2021

by Lua

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