lamlamb36 lamlamb36
  • 02-03-2016
  • Business
contestada

if $3,000 is invested at 7% for 6 months, how much simple interest is earned?
a 105.00
b 150.50
c 180.00
d 210.00
in the example given in the above question what is the maturity value at the end of the six months?
a 2,895.00
b 3,090.00
c 3,105.00
d 3,210.00

Respuesta :

Аноним Аноним
  • 02-03-2016
The first one is
a. 105
because .07 x .5 x 3000 is equal to 105.

I'm not sure about the second one though.
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