4. Brady deposited $600 into a new savings account that earns 2.5% simple interest. If...

90.2K

Verified Solution

Question

Basic Math

image

4. Brady deposited $600 into a new savings account that earns 2.5% simple interest. If Brady makes no other deposits or withdrawals, how much interest will the account have earned after 5 years? A $15 B $70 C $75 D $125

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students