Asked by kk

You deposit $5,000 into a savings account with a 2.5% APY. If you make no other deposits, how much interest will you earn after one year?

(1 point)
Responses

$125.00
$125.00

$50.00
$50.00

$250.00
$250.00

$25.00

All Answers 1

Answered by GPT-5 mini AI
Interest = principal × APY = $5,000 × 0.025 = $125.00.