3 years ago

If you have an annual interest rate of 2% and invest $500 how much interest will you earn in a year?

Mathematics

1 answer:

elena-s [515]3 years ago

8 0

500 * .02 = 10

Take the 500 and add 10

You will earn a total of $510, just the interest is $10

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3 years ago

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Please find the attached file for a better understanding of the explanation given here.

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