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How much simple interest does $5,000 earn in 4 years at an interest rate of 5%. Round to the nearest cent.

How much simple interest does $5,000 earn in 4 years at an interest rate of 5%. Round to the nearest cent.
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4 votes
How much simple interest does $5,000 earn in 4 years at an interest rate of 5%. Round to

the nearest cent.

User Fusseldieb
by
8.8k points

1 Answer

2 votes

Answer:

1000

Explanation:

User Harjot
by
8.3k points
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