SelfieQueenTaz2004
SelfieQueenTaz2004 SelfieQueenTaz2004
  • 22-11-2017
  • Mathematics
contestada

Riley and Louie have a $5,000 to invest. They both invest at a 2.5% simple interest rate. If riley keeps her money invested for 7 years. How much interest will she earn?

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DragonZS
DragonZS DragonZS
  • 22-11-2017
$875 is how much she will earn.
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barb28
barb28 barb28
  • 22-11-2017
All you have to do is multiply 5000 by .025 to find that she earns $125. Next, you multiply 125 by 7 and find that she earns $875!
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