ashythefoxy
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Holly opened a savings account at a local bank. She deposited $2,500.00 into the account 5 years ago. If the account earns an annual simple interest rate of 7.1%, how much interest has she earned?
A.
$710.00
B.
$887.50
C.
$762.50
D.
$177.50

Respuesta :

crt10789

Answer:

The correct answer is B $887.5

cks21

Answer:

B.

887.50

Step-by-step explanation:

[tex]si = p \times r \times t \div 100[/tex]

[tex]si \: = 2500 \times 7.1 \times 5\div 100[/tex]

[tex]25 \times 7.1 \times 5[/tex]

[tex] = 887.50[/tex]

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