SOLUTION: If Paul invested $5,000 in a time deposit, what interest will he earn for 1 year if the interest rate is 6.5%?
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Question 53989: If Paul invested $5,000 in a time deposit, what interest will he earn for 1 year if the interest rate is 6.5%? Answer by stanbon(75887) (Show Source):
You can put this solution on YOUR website! If Paul invested $5,000 in a time deposit, what interest will he earn for 1 year if the interest rate is 6.5%?
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0.065(5000)= $325
Cheers,
Stan H.
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