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Mary plans to invest 2,500 for 10 years she invest in a savings account that pays 4.5 % simple intrest she made no additional deposit or withdrawals how much money will she have at the end of 10 years in the account

Respuesta :

1125  money will she have at the end of 10 years in the account  after Simple Interest.

What is a basic example and interest?

  • Simple Interest (S.I.) is a way for figuring out how much interest will accrue on a specific principal sum of money at a certain rate of interest.
  • For instance, if someone borrows Rs. 5000 at a rate of 10 p.a. for two years, they will pay S.I. on the borrowed money for those two years.

Mary plans to invest = 2500

t = 10 yr

r = 4.5 %

simple intrest = prt/100

                       = 2500 * 10 * 4.5 /100

                        = 1125

Learn more about simple interest

brainly.com/question/25845758

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