What is the total interest on a principal investment of $10,000 at 3.5% simple interest in 5 years?
1 answer:
Answer:
the answer that i got was $175,000
Step-by-step explanation:
i got this answer by multiplying $10,000 • 3.5 and got $35,000 and then multiplied $35,000 • 5 and got $175,000
i hope this helps.
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