Answer:
$126
Step-by-step explanation:
Given that:
Investment is done as per Simple interest.
Principal = $3000
Time for which the investment is to done = 7 years
Rate of interest = 6%
To find:
Interest earned when the investment matures?
Solution:
Formula for Simple Interest :

Where
is the principal amount
is the Rate of Interest
is the time for which the investment is made
Putting the given values:

Therefore, the answer is:
Interest earned is <em>$126</em>.
So, since we have a cubic equation with 4 terms, the first thing we should try is factoring by grouping, so:

Now that we've factored our equation, we can use ZPP and break it up:

So, our solutions are:

Answer:
Evaluate each given numbers, expressions or equation.
Check the values or numbers.
Now in order to solve we proceed in the manner
- Write the given variables
- Find the missing variables