Question

Jamal has invested 5000.00 in an account that earns 2.50% interest per annum for a term of 10 years.

a) how much interest will he earn?


B)How much will his investment be worth at the end of the term?

Answer 1

I = prt

I = 5,000 * 0.025 * 10

I = ?

Answer 2

haha so i calculate 5000x0.025x10 and that's question B? or A?

Answer 3

That gives you the interest.

Answer 4

oh ty