victoriahunt8501 victoriahunt8501

11-05-2021
Mathematics

contestada

Drew received a bonus check for $2500 and he's going to deposit the money into a bank account there is is 5.5% simple interest amount of interest earned each year is how much

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ewomazinoade ewomazinoade

13-05-2021

Answer:

$137.50

Step-by-step explanation:

Simples interest = amount deposited x time x interest rate

2500 x 0.055 x 1 = 137.50

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