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deff fn [24]
3 years ago
15

Jack Palomo has deposited $2,500 today in an account paying 6 percent interest annually. What would be the simple interest earne

d on this investment in five years? If the account pays compound interest, what will be the interest on interest in five years?A) $750; $95.56 B) $150; $845.56 C) $150; $95.56 D) $95.56; $845.56
Business
1 answer:
andrey2020 [161]3 years ago
6 0

Answer:

the answer is a 6 ÷ 2500 ×5

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