Option G:
Interest should the investor expect at the end of 10 years is $2125.00.
Solution:
Principal = $2500
Rate of interest = 8.5%
Time = 10 years
[tex]$\text{Simple interest} =\frac{PRT}{100}[/tex]
[tex]$ =\frac{2500\times 8.5\times 10}{100}[/tex]
[tex]$ =\frac{212500}{100}[/tex]
= 2125.00
Simple interest = $2125.00
Interest should the investor expect at the end of 10 years is $2125.00.
Hence option G is the correct answer.
