What is the present value of an investment at 15% annual simple interest if it is worth $924.50 in 6 months? Round your answer to the nearest cent.
A)$860.00
B)$870.00
C)$850.00
D)$914.50
E)$934.50

Name: What is the present value of an investment at 15% annual simple interest if it is worth $924.50 in 6 months? Round your answer to the nearest cent. A)$860.00 B)$870.00 C)$850.00 D)$914.50 E)$934.50
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Question

What is the present value of an investment at 15% annual simple interest if it is worth $924.50 in 6 months? Round your answer to the nearest cent. ​
A)$860.00
B)$870.00
C)$850.00
D)$914.50
E)$934.50

Quizplus · Accepted Answer

The Answer is A

What Is the Present Value of an Investment at 15