Asked by charlotte

How much is 5% simple interest on $100,000 from June 6 2009 until Oct 1 2012?

13 years ago

Answered by kathy

50000

13 years ago

Answered by Steve

the interest is 5000/year

June 6 2009 to Oct 1 2012 is roughly 3.3 years.

interest is thus 3.3*5000 = 16500

13 years ago

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