Edward deposited 8,500 into savings account 3 years ago. The simple interest rate is 5%. How much money did Edward earn in interest?

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Edward deposited 8,500 into savings account 3 years ago. The simple interest rate is 5%. How much money did Edward earn in interest?

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Tài Đức 3 years 2021-09-04T22:37:06+00:00 1 Answers 2 views 0

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    2021-09-04T22:38:42+00:00
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    Answer:

    9775

    Step-by-step explanation:

    the answer is 97 $75 the reason being in between the span of three years in one year his earning an interest of 425 in three years he should have 9775 equals 425 x 3 you get to have 1827 when you add it on top of the initial amount that was in the account should be at 5.30 to 9725

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