Question

A $1,500 savings bond earns simple interest at the rate of 5% each year. The interest is paid at the end of every month. How much interest will the bond have earned after 4 months?

For Math test due in 14 minutes!!

Answer 1

The answer is 300 have a good day

Answer 2

300

Explanation:

5 percent * 6000

(5:100)* 6000

(5* 6000):100

30000:100 = 300