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You invest $5000 for 1 year at 8 1/2 %. How much interest will you earn ?

Mathematics
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I = prt
that is the formula.
I know that

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Other answers:

can you show your work
@Selena2345 then apply it, will you :)
sooo....plug the numbers into the formula. I =prt I = 5000 * 8.5 * 1
then u can figure it out simran.
I=5000x8.5x1=42500
@Selena2345 Pay attention to % ( 8.5%) rate!
.085.........my bad

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