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Charis invested $140. She earned a simple interest of 3% per year on the initial investment. If no money was added or removed from the investment, what was the amount of interes…
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Charis invested $140. She earned a simple interest of 3% per year on the initial investment. If no money was added or removed from the investment, what was the amount of interes…
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Apr 5, 2021
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Charis invested $140. She earned a simple interest of 3% per year on the initial investment. If no money was added or removed from the investment, what was the amount of interest Charis received at the end of two years?
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Rusha
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I honestly don’t know what interest is can u please explain what it is??
Tmcallaghan
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Apr 6, 2021
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Answer:
The answer is C) $8.40
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