Asked by Anonymous

you invest $75.00 the first month and $100.00 the second month at 3.75% APR. How much interest do you get at the end of the second month?
$0.23
$3.36
$3.59 my answer
$3.13
Answered by Steve
how did you arrive at that amount? The monthly interest rate is only .035/12
Answered by Bree
The answer is B.
Answered by alex
1. a
2. b
3. b
4. d
Lesson 13: Debt Is Dangerous
Consumer Math A Unit 3: Finances: Income and Debt
hope this helps anyone out there.
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