Solved

$2,100 Is Invested for 6 Months in a Savings Account

Question 92

Multiple Choice

$2,100 is invested for 6 months in a savings account with a rate of 7.5% simple interest per year.
Find the interest.

A) $787.50
B) $78.75
C) $9,450.00
D) $945.00

Related Questions

Q87: Find the missing value. <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8446/.jpg" alt="Find

Q88: A student loan is taken out for

Q89: What was the closing price of the

Q90: Find the future value of the loan. P

Q91: Express <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8446/.jpg" alt="Express as

Q93: Joan purchased a refrigerator for $1,200. She

Q94: If you have a $600 balance on

Q95: What was the amount of the dividend

Q96: Find the missing value. <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8446/.jpg" alt="Find

Q97: Express 0.103 as a percent. A)0.00103% B)10.3% C)0.103% D)1.03%