Isabella deposited $2,000 in an account that earns 5% simple annual interest. After one year, how much interest will her investm

Question

2 years ago

10

ent earns?

2 answers:

miskamm [114] · Answer 1 · 2022-11-05T03:59:09+03:00

8 0

Ans = $2,100
2000 x 1.05= 2100
1.00 = 100%
1.05 = 100% +5%

lorasvet [3.4K] · Answer 2 · 2022-11-05T02:27:08+03:00

7 0

Answer:

2100

Step-by-step explanation:

5% of 2000 = 2000 x 1/20 = 100.

2000+100=2100

Also, if it said how much interest will her investment PAY, then it would be $100 because of the 5% simple interest.