lilswiggy420 lilswiggy420
  • 14-10-2017
  • Mathematics
contestada

Kristina invests $5,000 at 15% simple interest for 2 years.How much interest did Kristina earn over the 2 years?

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ejelonubenedict
ejelonubenedict ejelonubenedict
  • 14-10-2017
using
SI = PRT/100
=( 5000 × 15 × 2)/100
= 50×15×2= 1500$
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