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07 Jul 2022, 04:30
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Difficulty:
5%
(low)
Question Stats:
94% (00:34) correct
6%
(01:22)
wrong
based on 31
sessions
History
Date
Time
Result
Not Attempted Yet
Alfred wants to invest $4,000 at 6% simple interest rate for 5 years. How much interest will he receive?
A. $240
B. $480
C. $720
D. $960
E. $1,200
A. $240
B. $480
C. $720
D. $960
E. $1,200
07 Jul 2022, 06:59
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Bunuel
Alfred wants to invest $4,000 at 6% simple interest rate for 5 years. How much interest will he receive?
A. $240
B. $480
C. $720
D. $960
E. $1,200
4000*.06*5=\(1200\) A. $240
B. $480
C. $720
D. $960
E. $1,200
07 Jul 2022, 07:58
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Simple interest is principal x time x interest
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