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If you saved 10000 at 7.25 percent annual interest for 5 years how much interest would you earn?
Updated: 10/19/2022
Wiki User
∙ 14y agoBest Answer
I = prt, where p= the deposited amount, r = the rate, and t = the time in years.
I = prt = 10,000 x 0.0725 x 5 = 725 x 5 = 3,625
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∙ 14y agoThis answer is:
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