Suppose you deposit $100 at 4% annual interest for 6 months. How much simple interest will you
Fantastic news! We've Found the answer you've been seeking!
Question:
Suppose you deposit $100 at 4% annual interest for 6 months. How much simple interest will you have earned after that time?
a. $2.00
b. $2.40
c. $12.00
d. $24.00
Posted Date: