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28 October, 00:20

How much interest would she earn if she were to invest $4,500 at 10% for one year?

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Answers (2)
  1. 28 October, 01:25
    0
    At 10% you'll earn 450 dollars of interest on a $4,500 investment.
  2. 28 October, 03:03
    0
    I=PRT

    I=interest

    P=principal

    R=rate

    T=time in years

    given

    P=4500

    R=0.10

    T=1

    I = (4500) (0.10) (1)

    I=450

    she would earn $450 in interest
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