How much simple intrest is earned on an investment of $1250 if the money is invested for 5 years at an anual intrest rate of 4.5
%
PLEASE PLEASE HELP!!!
1 answer:
Answer:
$281.25
Step-by-step explanation:
4.5% per year
(4.5/100)×1250 = 56.25 per year
56.25 × 5 = $281.25
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lmk if incorrect, please give brainliest
It’s 50/50 hope this helps
