# How much simple interest is earned on an investment of $1,250 if the money is invested for 5 years at an annual interest rate of 4.5%

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Simple interest I= prt. 1,250 x 4.5 x 5 equals $28,125

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(1) Answers

Simple interest I= prt. 1,250 x 4.5 x 5 equals $28,125

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