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ciara812
2

if $3,000 is invested at 7% for 6 months, how much simple interest is earned? a 105.00 b 150.50 c 180.00 d 210.00 in the example given in the above question what is the maturity value at the end of the six months? a 2,895.00 b 3,090.00 c 3,105.00 d 3,210.00

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(1) Answers
apess

The first one is a. 105 because .07 x .5 x 3000 is equal to 105. I'm not sure about the second one though.

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