Find the simple interest. The rate is an annual rate unless otherwise noted. Assume 365 days in a year and 30 days per month. Round to the nearest cent.$600 at 5% for 7 years

A. $21.00
B. $210.00
C. $428.57
D. $17.14


Answer: B

Mathematics

You might also like to view...

Find the radius of convergence of the power series.

A. 1 B. 6 C. 3 D. ?

Mathematics

Determine whether the equation defines y as a function of x. x = y2

A. function B. not a function

Mathematics

Subtract.855

A. 1,446 B. 262 C. 264 D. 164

Mathematics

Write the imaginary number in terms of i.

A. -30i 
B. 30i 
C. i
D. ± 30 

Mathematics