asked 130k views
2 votes
Emma has 7500 and invests it and it earns 4% over 5 years. how much does she earn

asked
User Cody C
by
8.1k points

2 Answers

6 votes
Simple interest formula I=prt
7500x.04x5 = $1500 in interest
$9000 total
answered
User Ciaran
by
8.2k points
2 votes
7500(1+0.04)raised to the power of 5
answered
User Matthew Goulart
by
8.6k points
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