On April 1, 2021, Faircloud Variety Company deposited $24 000 into a savings account earning simple interest

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On April 1, 2021, Faircloud Variety Company deposited $24 000 into a savings account earning simple interest of 1.5%. How much interest was paid to Faircloud’s account on June 30, 2021?

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Contemporary Business Mathematics With Canadian Applications

ISBN: 9780135285015

12th Edition

Authors: Ali R. Hassanlou, S. A. Hummelbrunner, Kelly Halliday

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Question Posted: Oct 27, 2020 07:03 AM

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On April 1, 2021, Faircloud Variety Company deposited $24 000 into a savings account earning simple interest

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Contemporary Business Mathematics With Canadian Applications

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