You put $2500 in a bank account with 5% interest 1. How much money will you earn in interest? 2. How much money will be in your account after 1 year?

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asked Jan 4, 2021 124k views

3 votes

You put $2500 in a bank account with 5% interest

1. How much money will you earn in interest?
2. How much money will be in your account after 1 year?

Mathematics
high-school

JoLoCo asked

by JoLoCo

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1 Answer

5 votes

1. 125
Explanation: 2500 x 0.05 = 125

2.2625
Explanation: 2500 + 125 = 2625

MVZ answered Jan 10, 2021

by MVZ

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