Test_Prep
ASVAB · Question #44
Joan invests $4,000 in an account that earns 3% simple interest. How much will Joan have in the account in 10 years?
The correct answer is C. $5,200. See the full explanation below for the reasoning.
Question
Joan invests $4,000 in an account that earns 3% simple interest. How much will Joan have in the account in 10 years?
Options
- A$4,500
- B$4,800
- C$5,200
- D$5,400
How the community answered
(22 responses)- B9% (2)
- C86% (19)
- D5% (1)
Community Discussion
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