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Paula invests 10,000 for 5 years at an interest rate of 10% per year. If the interest is simple interest, how much is her investment worth at the end of those five years?

 

help me please

thank you in advance

 Aug 31, 2019
 #1
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Principal  + Simple Interest  = 

 

10000 +  10000 ( interest rate) ( time in years)  =

 

10000  + 10000(.10)(5)  =

 

10000 + 5000 =

 

$`15000  after five years

 

 

 

cool cool cool

 Aug 31, 2019
 #2
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+1

Thank you for the fast responce. THX

Guest Aug 31, 2019

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