Question

Company X has $128,000 in a saving account that pays 6% interest per year. How much interest will earn at the end of 1/2 year?​

Answer 1

128,000 x .03 = 3840
It’ll earn 3840 and have a total amount of 131,840 in the account

Answer 2

3% interest

$171392

Explanation:

128000 x 0.03 = 171392

4992 + 128000 = 171392

Hope this helped!