319,656 views
10 votes
10 votes
Determine how much interest you would earn on the following investment:

$190,000 invested at a 6.9% interest rate for 9 months.

User Cam Tullos
by
2.6k points

1 Answer

11 votes
11 votes
$9832.5

(190000 * 9 * 6.9%) / 12 = 9832.5
User Nick Ludlam
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3.0k points