Ask Question
25 August, 04:57

If $50,000 is invested at a simple interest rate of 8 percent, what is the net amount payable at the end of five years?

+1
Answers (1)
  1. 25 August, 05:23
    0
    0.08 * 50,000*5=20,000+50,000=$70,000
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “If $50,000 is invested at a simple interest rate of 8 percent, what is the net amount payable at the end of five years? ...” in 📗 Mathematics if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers