Answered

How much simple interest is earned on an investment of $1,250 if the money is invested for 5 years at an annual interest rate of 4.5%

Answer :

la867151
Simple interest I= prt. 1,250 x 4.5 x 5 equals $28,125

Answer:

28, 125

Step-by-step explanation:

Its so easy

1,250 x 4.5 = 5,625

5,625 x 5 = 28,125

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