Asked by alex
balance on an initial investment of $1,500 over 25 years at 5% APR. After 10 years about how much interest has the investment earned
Answers
Answered by
Ms. Sue
I = PRT
I = 1,500 * 0.05 * 10
I = 750
I = 1,500 * 0.05 * 10
I = 750
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