zeynebabdelazeez72 zeynebabdelazeez72

Today at 8:07 PM
Mathematics

Answered

If you had $1000 and it earned 5% interest for one year, you would have earned __________in interest that year.

Answer :

robertstallone007 robertstallone007

Today at 8:11 PM

Answer:

Simple interest = P × R × T/ 100

simple interst = 1000 × 5 × 1 / 100

simple interst = 10 × 5 × 1 = 50

one year interst = $ 50

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