Calculate the amount of simple interest earned.
$1,000 at 8% for 3 years
A) $240
B) $2,400
C) $3,000
D) $80
E) $4,800
Correct Answer:
Verified
Q111: Calculate the monthly finance charge for the
Q112: Use estimation to select the best response.
Q113: Find the APR (rounded to the nearest
Q114: Use estimation to select the best response.
Q115: Find the cost of a CD in
Q117: Find the APR (rounded to the nearest
Q118: Find the present value, using the present
Q119: Use estimation to select the best response.
Q120: Karen and Wayne need to buy a
Q121: Find the present value, using the present
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents