Time = 3 years Interest Rate = 5% Principal = $7,430 Use the information to answer the question. How much interest is paid? $111.45 $1,114.50 $11,145 $111,450

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asked Nov 13, 2021 15.6k views

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Time = 3 years

Interest Rate = 5%

Principal = $7,430

Use the information to answer the question.
How much interest is paid?
$111.45
$1,114.50
$11,145
$111,450

Mathematics
middle-school

Rishabh Gupta asked

by Rishabh Gupta

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2 Answers

4 votes

B. $1,114.50 just do the math

Richard Gale answered Nov 15, 2021

by Richard Gale

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3 votes

Answer:

The second option, I just did it.

CRoemheld answered Nov 19, 2021

by CRoemheld

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