helloimizzie
helloimizzie helloimizzie
  • 12-01-2021
  • Mathematics
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Edward deposited $5,500 into a savings account 5 years ago. The simple interest rate is 5%. How much money did Edward earn in interest?

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masonjars21
masonjars21 masonjars21
  • 12-01-2021

Answer:

$1375 in interest and $6875 total.

Step-by-step explanation:

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