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If $3000 is invested at 7% for six months how much simple and trust is earned

If $3000 is invested at 7% for six months how much simple and trust is earned
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If $3000 is invested at 7% for six months how much simple and trust is earned

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User Rgvcorley
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7.6k points

1 Answer

6 votes
I = Prt
I = $3000*0.07*(6/12)
I = $105

$105.00 is earned on the investment.
answered
User CodingYoshi
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7.9k points
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