An $85,000 investment earned a 6.9% rate of simple interest from December 1, 2010 to May 30, 2011. How much interest was earned?
Correct Answer:
Verified
Q10: A five-month term deposit of $10,000 at
Q11: Sumer put $10,000 in a 3-month term
Q12: Sergon has $5000 to invest for six
Q13: A $3800 loan at 10¾ % was
Q14: How much interest accrued from November 30,
Q16: $850 borrowed on January 7, 2008 was
Q17: The interest rate on $27,000 borrowed on
Q18: A $14,400 loan taken out on May
Q19: If $40.52 interest accrued on a $1000
Q20: What was the principal amount of a
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents