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Amanda [17]
3 years ago
13

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!!!
Mathematics
1 answer:
Komok [63]3 years ago
4 0

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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