Ask Question
26 May, 19:19

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. 26 May, 20:42
    0
    0.08 * 50,000*5=20,000+50,000=$70,000
Know the Answer?
Not Sure About the Answer?
Get 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 there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers