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Kareem deposits $5000 into an account that pays simple interest at a rate of 5% per year. how much interest will be paid in the first 6 years?

Kareem deposits $5000 into an account that pays simple interest at a rate of 5% per year. how much interest will be paid in the first 6 years?
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kareem deposits $5000 into an account that pays simple interest at a rate of 5% per year. how much interest will be paid in the first 6 years?

asked
User Gerald Versluis
by
8.6k points

1 Answer

1 vote
$4999.70 - $5000

.30 i believe it is 30 cents
answered
User Dustin Stiles
by
7.3k points
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