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Math

Answered

jamaica deposited 50,000 in the bank with 2.5% simple interest per annum how much interest will her money earn in 5 years?

Sagot :

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Answer:

6,250

Step-by-step explanation:

50,000 x 0.025 = 1,250 per year

1,250 x 5 = 6,250 in 5 years

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