Since the percentage is calculated in 100,

5% of 150,000 is 5/100*150000

=7,500 Ans.

5% of 150,000 is 5/100*150000

=7,500 Ans.

Since the percentage is calculated in 100,

5% of 150,000 is 5/100*150000

=7,500 Ans.

5% of 150,000 is 5/100*150000

=7,500 Ans.

The answer is 7,500

Annual Interest on savings of $150,000.00 @ 5.5%

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