175k views
1 vote
You invest 2,000.00 at a rate of 4% APR for 3 months. How much interest did you earn?

a. $80.00
b.40.00
c.20.00
d10.00

User VingtCent
by
7.9k points

2 Answers

3 votes

Answer:

Answer is actually 20!

Explanation:

User Duckmayr
by
6.8k points
4 votes
Answer- $2,000 X .04 = $80
User NoDakker
by
8.7k points

Related questions

asked Jan 26, 2024 50.1k views
Simon Lee asked Jan 26, 2024
by Simon Lee
7.8k points
1 answer
2 votes
50.1k views