Solved

Your Grandparents Just Gave You a Gift of $3,000

Question 24

Multiple Choice

Your grandparents just gave you a gift of $3,000.You are investing this money for 10 years at 3 percent simple interest.How much money will you have at the end of the 6 years?


A) $3.090
B) $3,270
C) $3,450
D) $3,900
E) $4,031.75

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions