2. 外语
  3. If $10,000 is invested at a simple annual interest rate of 6 percent, what is the value of the investment after half a year?

If $10,000 is invested at a simple annual interest rate of 6 percent, what is the value of the investment after half a year?

admin2018-12-14  60
问题 If $10,000 is invested at a simple annual interest rate of 6 percent, what is the value of the investment after half a year?
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答案$10,300
解析 According to the formula for simple interest, the value of the investment after 1/2 year is
=$10,000(1.03)= $10,300
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