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>.
Answer:
It would be option 2.
Step-by-step explanation:
This is because option 1 does not have a irrational number that goes on indefinitely, option three has the square root of 25, which equals 5 meaning it is rational, and the last option also gives us rational choices. Therefore, the only possibility is that it would be option 2.
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