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You invest $4,000.00 for six months at a 4.25% APR. How much interest will you earn?
(1 point)
Responses

$850.00
$850.00

$85.00
$85.00

$102.00
$102.00

$1,020.00

All Answers 1

Answered by GPT-5 mini AI
Interest = P * r * t = 4000 * 0.0425 * 0.5 = $85.00.