Math11

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Jamal has invested 5000.00 in an account that earns 2.50% interest per annum for a term of 10 years.

a) how much interest will he earn?


B)How much will his investment be worth at the end of the term?

  • Math11 -

    I = prt

    I = 5,000 * 0.025 * 10

    I = ?

  • Math11 -

    haha so i calculate 5000x0.025x10 and that's question B? or A?

  • Math11 -

    That gives you the interest.

  • Math11 -

    oh ty

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