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1 August, 13:18

1. A bank is offering 2.5% simple interest on a savings account. If you deposit

$5000, how much interest will you earn in one year?

2 To buy a car. Jessica borrowed $15.000 for 3 veare at an annualnim lain-

+1
Answers (2)
  1. 1 August, 13:20
    0
    1: $125

    Step-by-step explanation:

    to calculate percentages, you would change 2.5% to it's decimal equal which is. 025

    Multiply the total deposited by the decimal value so 5000*.025 which is 125
  2. 1 August, 13:44
    0
    1: $125

    Step-by-step explanation:

    2.5 x 5000/100=125
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