michellefrancisco604 michellefrancisco604
  • 15-10-2021
  • Mathematics
contestada

Find the balance of a savings account after 5 years using simple interest if the initial deposit was $100,000 and it earns 1.5% interest.

Respuesta :

patriciaemguidice
patriciaemguidice patriciaemguidice
  • 15-10-2021

Answer:

7500

Step-by-step explanation:

5 × 100,00= 500,000

500,000 × 1.5% = 7500

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