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22-11-2017
Mathematics

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Riley and Louie have a $5,000 to invest. They both invest at a 2.5% simple interest rate. If riley keeps her money invested for 7 years. How much interest will she earn?

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DragonZS DragonZS

22-11-2017

$875 is how much she will earn.

Answer Link

22-11-2017

All you have to do is multiply 5000 by .025 to find that she earns $125. Next, you multiply 125 by 7 and find that she earns $875!

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