Question:

A local bank offers an investment option with a simple

Last updated: 7/20/2022

A local bank offers an investment option with a simple

A local bank offers an investment option with a simple interest rate of 3.60% per annum. If you invest $3200.00, how much interest will you earn in 7 years? a. $967.68 b. $806.40 c. $791.73 d. $645.12