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A bank is offering 2.5%simple interest in a saving account. if you deposit 5000, how much interest would you earn in one year

A bank is offering 2.5%simple interest in a saving account. if you deposit 5000, how much interest would you earn in one year
asked 65.6k views
5 votes
a bank is offering 2.5%simple interest in a saving account. if you deposit 5000, how much interest would you earn in one year

asked
User Papa Kojo
by
8.6k points

1 Answer

5 votes

Answer:

$125

Explanation:

.025(5000)= 125

answered
User Hartshoj
by
8.2k points
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