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13 April, 09:03

You invest $5000 in an account at 55% per year simple interest How much will you have in the account after 5 years? Round your answer to the nearest whole dollar

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Answers (2)
  1. 13 April, 10:28
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    If you invest $5000 at 55% you will receive $2750 every year then multiply that by, then add the $5000 and you will receive $18,750.
  2. 13 April, 12:52
    0
    The interest is $33000 and the amount is $38000. This is the answer to your question. Good luck.
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