A simple interest calculation provides a useful estimate of what compound interest will be if(a) the dollar amount is small.(b) the dollar amount is large.(c) the term is long.(d) the term is short.

Question

Henry · Answer

d. If the term is short.

emma · Answer

in $3000 is invested at 7% for 6 months, how much simple interest is earned?

TERRY · Answer

IF THE TERM IS SHORT

bobbie autman · Answer

A simple interest calculation provides a useful estimate of what compound interest will be if

Mirriam · Answer

A simple interest calculation provides a useful estimate of what compound interest will be if(a) the dollar amount is small.(b) the dollar amount is large.(c) the term is long.(d) the term is short.