Choose the correct answer for the amount of interest earned in the following simple interest problem. A deposit of $4,000 at 9.5% for 270 days A. $280.00 B. $285.00 C. $275.00

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asked Mar 21, 2019 171k views

2 votes

Choose the correct answer for the amount of interest earned in the following simple interest problem.

A deposit of $4,000 at 9.5% for 270 days

A. $280.00
B. $285.00
C. $275.00

Mathematics
college

Paul Lysak asked

by Paul Lysak

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1 Answer

4 votes

I Would Think That The Answer Is A.

Peter McG answered Mar 27, 2019

by Peter McG

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