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-

Question

Magdalena Roth

Mathematics

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)

Know the Answer?

Brody Bradshaw · Answer 1

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

Jeffrey Kerr · Answer 2

1: $125

Step-by-step explanation:

2.5 x 5000/100=125

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. 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-