SOLUTION: Alfred wants to invest $4,000 at 6% simple intetest rate for 5 years. How much interest will he receive?

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Question 1039356: Alfred wants to invest $4,000 at 6% simple intetest rate for 5 years. How much interest will he receive?
Answer by jorel555(1290) About Me  (Show Source):
You can put this solution on YOUR website!
4000x5x.06=$1200 interest over 5 years!!!!!!!!!!!