Multiple Choice
Calculate the amount of interest if $3000.00 is invested at 6.25% from November 30, 2014 to May 15, 2015.
A) $843.75
B) $86.82
C) $85.27
D) $70.31
E) $70.75
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q119: Pablo invested $1965 in a 3-month term
Q120: Find the maturity value of $1080.00 invested
Q121: A loan of $1000 taken out on
Q122: Debt payments of $1610.00 due today, $725.00
Q123: A debt of $1410.00 due 6 months
Q125: Calculate the amount of interest that will
Q126: Interest of $429.48 was charged on a
Q127: Five months after Nadir makes an investment
Q128: What rate of interest did you earn
Q129: Determine the exact time between January 21,