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4 December, 23:57

How much simple interest does a $10,000 investment earn at 5.6% over 18 years?

$26.650

$10,080

$10.580

$16,665

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9

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Answers (1)
  1. 5 December, 00:26
    0
    How much simple interest does a $10,000 investment earn at 5.6% over 18 years? $10.080

    Explanation

    Investment $ 10.000,00 Simple Interest $ 10.080,00

    Interest 5,60% investement + interest $ 20.080,00

    Invesment*interest*period

    10000*5,6%*18

    =10080
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