Register

Jack earned $972 in 6 years on an investment at a 3% annual simple interest rate. How much was Jack’s investment? $174.96 $486 $1944 $5400

Jack earned $972 in 6 years on an investment at a 3% annual simple interest rate. How much was Jack’s investment? $174.96 $486 $1944 $5400
asked 3.9k views
4 votes
Jack earned $972 in 6 years on an investment at a 3% annual simple interest rate. How much was Jack’s investment?

$174.96


$486


$1944


$5400

asked
User Casibbald
by
8.7k points

1 Answer

2 votes

Answer:

the answer would be $5400

Explanation:

5400 times .03 = 162, 162 times 6=972

answered
User Christopher Ellis
by
8.9k points
← Prev Question Next Question →

Related questions

Ask a Question
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.

Categories

Other Questions

What is .725 as a fraction
How do you estimate of 4 5/8 X 1/3
A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
Link Copied!