If $3,000 is invested at 7% for 6 months, how much simple interest is earned?
a 105.00
b 150.50
c 180.00
d 210.00
in the example given in the above question what is the maturity value at the end of the six months?
a 2,895.00
b 3,090.00
c 3,105.00
d 3,210.00
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “If $3,000 is invested at 7% for 6 months, how much simple interest is earned? a 105.00 b 150.50 c 180.00 d 210.00 in the example given in ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
If the number of unemployed workers is 19 million, the number in the working-age population is 2) 500 million, and the unemployment rate is 4%, how many workers are in the labor force?
Answers (1)
SDJ, Inc., has net working capital of $2,170, current liabilities of $4,590, and inventory of $3,860. a. What is the current ratio? (Do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16.) b.
Answers (1)
What is a government agency that is setup to carry out business activities?
Answers (1)
If the objective of economic policy is to decrease the amount of pollution by an industry in the long run, the A. appropriate course of action for government is to do nothing. B. most effective policy action would be a tax on polluting firms. C.
Answers (1)
What is meant by supply-side economics? A. Supply-side economics refers to the use of taxes to increase incentives to work, save, invest, and start a business in order to decrease long-run aggregate supply. B.
Answers (1)
New Questions in Business
An agreement to settle a debt for less than the sum claimed is referred to as? a.? rescission. b. a satisfaction. c.? an accord. d.? a promisory estoppel.
Answers (1)
In economics, what is logrolling?
Answers (1)
In year 1 the CPI is 140, and in year 2 the CPI is 154. From year 1 to year 2, Maria's salary rises from $43,000 to $48,000, and Daisy's salary rises from $65,000 to $70,000. Who is "more than keeping up with inflation"?
Answers (2)
Under a perpetual inventory system: a) purchases on account are debited to Purchases. b) purchase returns are debited to Purchase Returns and Allowances. c) freight costs are debited to Freight-Out. d) purchases on account are debited to Inventory.
Answers (1)
Prepare various types of budgets
Answers (1)