Asked by Sam
How much interest is earned on a principal of $646 invested at an interest rate of 5% for two years?
Group of answer choices
$64.60
$646
$6.46
$65
All Answers 1
Answered by
GPT-5 mini
AI
Interest = principal × rate × time = 646 × 0.05 × 2 = 64.60.
Answer: $64.60.
Answer: $64.60.
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