Question

What is the total interest on a principal investment of $10,000 at 3.5% simple interest in 5 years?

Answer 1

the answer that i got was $175,000

Explanation:

i got this answer by multiplying $10,000 • 3.5 and got $35,000 and then multiplied $35,000 • 5 and got $175,000

i hope this helps.