28-10-2020
Mathematics

contestada

If Kate invested $500 for 5 years, compounded annually, at a rate of 6%, how much interest would she earn on his investment?

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stydent3546 stydent3546

28-10-2020

Answer:

$150 hope this helps. :)

Step-by-step explanation:

i=prn/100

i= 500x6x5/100

i= $150

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