asked 83.8k views
1 vote
Select the correct answer.

What will be the simple interest earned by investing $1,500 for 5 years, at an interest rate of 10% annually?
$750
$700
$725
$570
$527

asked
User Rjurney
by
8.0k points

1 Answer

5 votes
The simple interest earned is $750
answered
User Kevbonham
by
8.4k points
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