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    Exam 6: Simple Interest
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    On May 27, Kristina Made an Investment That Earned an Interest
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On May 27, Kristina Made an Investment That Earned an Interest

Question 77

Question 77

Multiple Choice

On May 27, Kristina made an investment that earned an interest rate of 9.4%. By November 6 the investment's value had increased to $77,000. What amount of interest had Kristina earned?


A) $3,619
B) $3,102
C) $3,232
D) $5,112
E) $7,238

Correct Answer:

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