Find the Simple Interest on a $500 Investment Made for 5

question 160

Essay

Find the simple interest on a $500 investment made for 5 years at an interest rate of 9%/year. What is the accumulated amount?

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Definitions:

Bulimia Nervosa

An eating disorder marked by binge eating followed by methods to avoid weight gain, such as self-induced vomiting.

Binge Eating Disorder

An eating disorder marked by periods of uncontrolled, excessive eating, followed by feelings of shame or guilt.

Compensatory Behaviors

Actions undertaken to offset or make up for a perceived deficiency or problem, often seen in eating disorders.

Bulimia Nervosa

An eating disorder marked by episodes of binge eating followed by methods to prevent weight gain, such as excessive exercise or purging.