How much is 5% simple interest on $100,000 from June 6 2009 until Oct 1 2012?
2 answers
50000
the interest is 5000/year
June 6 2009 to Oct 1 2012 is roughly 3.3 years.
interest is thus 3.3*5000 = 16500
June 6 2009 to Oct 1 2012 is roughly 3.3 years.
interest is thus 3.3*5000 = 16500