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sasho [114]
3 years ago
13

how much simple interest is earned on an investment of $1250 if the money is invested for 5 years at an annual interest rate of

4.5%
Mathematics
1 answer:
andrew-mc [135]3 years ago
7 0
Approximately $307.73 is the total amount of interest earned for 5 years at an annual interest rate of 4.5%, with an initial investment of $1,250. 
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Hope this helped! Let me know if there is anything else I can do!

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Answer:

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Step-by-step explanation:

The equation of a line in point- slope form is

y - b = m(x - a)

where m is the slope and (a, b) a point on the line

Here m = - 5 and (a, b) = (7, 2) , thus

y - 2 = - 5(x - 7) ← equation in point- slope form

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