savings account pays simple interest at 6% annually. If the account starts with $5000, how much will the account be worth after 25 ears? O $12,500 O $5,325 O $5025

Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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A savings account pays simple interest at 6% annually. If the account starts with $5000, how much will the account be worth after 25 years?

- $12,500
- $5,325
- $5,025
- $21,459
- $7,500
Transcribed Image Text:A savings account pays simple interest at 6% annually. If the account starts with $5000, how much will the account be worth after 25 years? - $12,500 - $5,325 - $5,025 - $21,459 - $7,500
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