4
QuizMultiple Choice

Simple Interest

Question 4 • TCHS VV Financial Math A

Which of the following investments will earn the smallest amount of interest?a.$8,030, invested for 2 years at 2.0% interestb.$1,901, invested for 8 years at 4.0% interestc.$5,330, invested for 6 years at 2.0% interestd.$3,970, invested for 6 years at 4.0% interest

Answer
A
A
B
B
C
C
D
D
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Which of the following investments will earn the…