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 ...

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Jason Fernando is a professional investor and writer who enjoys tackling and communicating complex business and financial problems. Charlene Rhinehart is a CPA , CFE, chair of an Illinois CPA Society ...