If you invest $1600 at 5.25% for 18 months, how much simple interest is earned? A) $10,500 B) $1,260 C) $126 D) $1,512

asked Jul 20, 2023 134k views

2 votes

If you invest $1600 at 5.25% for 18 months, how much simple interest is earned?

A) $10,500
B) $1,260
C) $126
D) $1,512

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8 votes

Answer:

the correct answer is is b

Deniss answered Jul 25, 2023

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