judiannmckenze
judiannmckenze judiannmckenze
  • 09-06-2021
  • Mathematics
contestada

Abby has $500 in her savings account. She earns simple interest at 5% per annum. Calculate the interest she earns after two years​

Respuesta :

andrewmcabrall andrewmcabrall
  • 09-06-2021

Answer:

50$

Step-by-step explanation:

5% of 500=25

If you earn 25 per year then in two years you will earn

25+25=50$

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