tshepi8840 tshepi8840
  • 15-02-2021
  • Mathematics
contestada

Jeremiah deposited $5,000 in to an account that earns 3.25% simple annual interest. Calculate the interest Jeremiah will earn after five years.

A) $5867.06

B) $812.50

C) $5,812.50

D) $81,250

Respuesta :

spencersgirl07 spencersgirl07
  • 15-02-2021

Answer:

b

Step-by-step explanation:

multiply 5000 to 3.25% then you get 162.50. add 162.50 for 5 years of interest giving you 812.50

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