soncrantkm
Answered

Westonci.ca connects you with experts who provide insightful answers to your questions. Join us today and start learning! Ask your questions and receive accurate answers from professionals with extensive experience in various fields on our platform. Join our Q&A platform to connect with experts dedicated to providing accurate answers to your questions in various fields.

Jen deposits $9,500 into a bank account that pays her 4.5% simple interest for 5 years. How much interest will she earn over 5 years?

Sagot :

ygulbeden

Answer:

9927.5$

Step-by-step explanation:

4.5% 0f 9500 is 427.5$ which is growing in 5 years.

svotteler2010
9927.50$

Multiple 9500 by 0.045 you will get 572.5 which you subtract from 9500
Thanks for using our platform. We aim to provide accurate and up-to-date answers to all your queries. Come back soon. We appreciate your time. Please revisit us for more reliable answers to any questions you may have. Thank you for choosing Westonci.ca as your information source. We look forward to your next visit.