Question

I NEED HELP ASAP MARKING PERIOD CLOSES TMRW AND I HAVE THIS QUESTION I DON'T KNOW HOW TO DO!!!!!

Big Money Bank has an offer for new customers: if you deposit $5,000 in a savings account, you will earn 6.5% simple interest over the first 10 years. How much will be in the account after the 10-year period?

Answer 1

3250

Explanation:

Multiply 5,000 times 6.5 percent

5000 X 6.5% = 3250

hope this helps!!:)