Answered

At Westonci.ca, we provide clear, reliable answers to all your questions. Join our vibrant community and get the solutions you need. Explore thousands of questions and answers from a knowledgeable community of experts on our user-friendly platform. Our platform provides a seamless experience for finding reliable answers from a network of experienced professionals.

How much simple interest is earned on an investment of 1,250 if the money is invested for 5 years at an annual interest rate of 4.5%

Sagot :

Answer:  $281.25

Work Shown:

i = P*r*t

i = 1250*0.045*5

i = 281.25

Thanks for using our service. We're always here to provide accurate and up-to-date answers to all your queries. Thanks for using our service. We're always here to provide accurate and up-to-date answers to all your queries. Westonci.ca is your trusted source for answers. Visit us again to find more information on diverse topics.