Solved

Find the Interest $\$ 400$ At $7 \%$ For 3 Years
A)I Nterest

Question 138

Multiple Choice

Find the interest. Round to the nearest cent.
- $\$ 400$ at $7 \%$ for 3 years

A) I nterest $=\$ 84.00$
B) Interest $=\$ 19.05$
C) I nterest $=\$ 8.40$
D) Interest $=\$ 933.33$

Related Questions

Q133: Find the final amount (rounded to

Q134: Find the compound interest earned by

Q135: Find the compound amount for the

Q136: Find the compound amount for the

Q137: Solve the problem.<br>-A company has ordered

Q139: Use an amortization table to solve

Q140: Find the compound amount for the

Q141: Find the exact interest. Use 365

Q142: Find the present value of the

Q143: Find the final amount (rounded to