raniyahfrye10 raniyahfrye10
  • 15-01-2021
  • Mathematics
contestada

How much interest is earned when the principal amount is $250, the annual simple interest rate is 1%, and the number of years is 10

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bexwhite2610
bexwhite2610 bexwhite2610
  • 18-01-2021

Answer:

250/100 X 1 = 2.5

2.5 X 10 = 25

$25

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