Register
EXAMPLE 1: invests $500 at a simple interest rate of 6%. How much interest will he earn in one month? In six months? In one year?
162k views
19 votes
EXAMPLE 1: invests $500 at a simple

interest rate of 6%. How much interest will he earn in
one month? In six months? In one year?

User WAF
by
9.0k points

1 Answer

2 votes
One month: $30
Six months: $180
One year: $360
User Josef Prochazka
by
8.1k points
← Prev Question Next Question →

No related questions found

Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.5m questions

12.2m answers

Other Questions

Who was Adam Smith ? Anybody?
What can turn igneous rock into sediment?
In what way did the GI Bill contribute to the growth of professional and white-collar jobs ? A.by providing US laborers with new job-training programs B.by giving US veterans assistance to purchase a new
What is meant by data mining ?
What is the best way to describe a stock market?
Link Copied!