Ten year old Chi learned a lot of math from his older brother, Shing. One day, Shing told him that when you multiply a number by
2 answers:
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Answer:
A.
B. $2,307.69
Step-by-step explanation:
You are given the formula
where V = investment earning simple interest
p = principal,
r = interest rate
t = time
So,
A.
B. r = 0.06 (or 6% as percent)
V = $3,000
t =5
so,