Tim Smith has 20+ years of experience in the financial services industry, both as a writer and as a trader. Dr. JeFreda R. Brown is a financial consultant, Certified Financial Education Instructor, ...
If you invested $10,000 at 5% simple interest for 10 years, you would receive $500 in interest every year, for a total of $5,000 in earned interest at the end of year 10. This would make your total of ...