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Select the correct answer. If $50,000 is invested at a simple interest rate of 8 percent, what is the net amount payable at the end of five years?

Select the correct answer. If $50,000 is invested at a simple interest rate of 8 percent, what is the net amount payable at the end of five years?
asked 61.6k views
3 votes
Select the correct answer.

If $50,000 is invested at a simple interest rate of 8 percent, what is the net amount payable at the end of five years?

asked
User Harmstyler
by
7.6k points

1 Answer

1 vote

Answer:

70,000

Step-by-step explanation:

,,,,,,,,,,,,,,,,,,,,,,,,

answered
User K M Dilshan Udara
by
9.0k points
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