Question: Question 9 2.5 pts A student wanted to know how much simple interest they would earn from investing $6,500 at a rate of 9% for

Question 9 2.5 pts A student wanted to know how much simple interest they would earn from investing $6,500 at a rate of 9% for 5 years. Below is their work for setting up this problem. Is this the correct way to set up the equation to solve this problem? 6, 500(.9) (5) Yes, this is correct. O No, this is not correct. It should be: 6500(.09) (5) pts

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