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An investor puts $2,500 into a life insurance policy that pays 8.5% simple annual interest. If no additional investment is made into the policy, how much accumulated interest sh…

An investor puts $2,500 into a life insurance policy that pays 8.5% simple annual interest. If no additional investment is made into the policy, how much accumulated interest sh…
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An investor puts $2,500 into a life insurance policy that pays 8.5% simple annual interest. If no additional investment is made into the policy, how much accumulated interest should the investor expect at the end of 10 years?

asked
User Matin Sasan
by
8.4k points

2 Answers

5 votes

Answer:

$2,125.00

Explanation:

answered
User RazerM
by
8.2k points
5 votes

Answer:

$4,625

Explanation:


answered
User Trejas
by
8.5k points
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