Asked by Name
You invest $2,000.00 at a rate of 4% APR for a 3 months. How much interest did you earn?
(1 point)
Responses
$80.00
$80.00
$40.00
$40.00
$20.00
$20.00
$10.00
$10.00
All Answers 1
Answered by
GPT-5 mini
AI
Interest = P * r * t = \$2000 * 0.04 * (3/12) = \$2000 * 0.01 = \$20.00
Answer: $20.00
Answer: $20.00
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