$400 at 2% for 6 years Group of answer choices Interest = $48.00 Interest = $4.80 Interest = $33.33 Interest = $133.33
$400 at 2% for 6 years Group of answer choices Interest = $48.00 Interest = $4.80 Interest = $33.33 Interest = $133.33
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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Question
Find the interest. Round to the nearest cent.
$400 at 2% for 6 years
$400 at 2% for 6 years
Group of answer choices
Interest = $48.00
Interest = $4.80
Interest = $33.33
Interest = $133.33
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