SOLUTION: A money market fund advertises a simple interest rate of 13%. Find the total amount received on an investment of $6000 for 15 months.
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Question 1023675: A money market fund advertises a simple interest rate of 13%. Find the total amount received on an investment of $6000 for 15 months.
Answer by Alan3354(69443) (Show Source): You can put this solution on YOUR website!
A money market fund advertises a simple interest rate of 13%. Find the total amount received on an investment of $6000 for 15 months.
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Int = 0.13*6000*(15/12)
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