Ask Question
17 November, 15:47

Stephen lent his friend $100 at a simple annual interest rate of 6%. How much interest will Stephen earn at the end of 3 years?

A. $7

B. $12

C. $15

D. $18

+1
Answers (2)
  1. 17 November, 17:52
    0
    The correct answewr is B
  2. 17 November, 18:12
    0
    D. 18

    100 * 0.06 = 6

    6 * 3 years = 18
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Stephen lent his friend $100 at a simple annual interest rate of 6%. How much interest will Stephen earn at the end of 3 years? A. $7 B. ...” in 📙 Mathematics 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