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Time = 3 years Interest Rate = 5% Principal = $7,430 How much interest is paid? A$111.45 B$1,114.50 C$11,145 D$111,450

Time = 3 years Interest Rate = 5% Principal = $7,430 How much interest is paid? A$111.45 B$1,114.50 C$11,145 D$111,450
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5 votes
Time = 3 years

Interest Rate = 5%

Principal = $7,430

How much interest is paid?
A$111.45
B$1,114.50
C$11,145
D$111,450

User Harry Cutts
by
7.8k points

2 Answers

4 votes

Answer:

B. $1,114.50

Explanation:

edge 2023

Time = 3 years Interest Rate = 5% Principal = $7,430 How much interest is paid? A-example-1
User Poezn
by
8.5k points
4 votes
It’s B I did the assignment in Edge2020
User Foo Ling
by
7.9k points
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