If a person invests $3000 at a simple interest rate of 7% per annum, how much in

Practice Questions

Q1
If a person invests $3000 at a simple interest rate of 7% per annum, how much interest will he earn in 6 years?
  1. $1260
  2. $1440
  3. $1500
  4. $1800

Questions & Step-by-Step Solutions

If a person invests $3000 at a simple interest rate of 7% per annum, how much interest will he earn in 6 years?
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