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deposited ​$7,500 into a savings account 5 years ago. The simple interest rate is 2​%. How much money did earn in​ interest?

Respuesta :

clarch19

Answer:

$750

Step-by-step explanation:

simple interest equation is:

I (interest) = P (principal) x R (interest rate, as a decimal) x T (time, in years)

I = 7500 x .02 x 5

I = 750