Asked by Markus
Hi guys, I'm new here, my name is Markus. Can you help me with one simple question? I think I know what it is, though. If any of guys respond back, thank you!
$300 at 5 annual interest for 7 years. Find the simple interest earned in the account.
a. $214.29
b. $11.67
c. $420.00
d. $105.00
My lucky guess is d.
$300 at 5 annual interest for 7 years. Find the simple interest earned in the account.
a. $214.29
b. $11.67
c. $420.00
d. $105.00
My lucky guess is d.