A university is setup for $15,000 and has an operating costs of $3000 per a year, which

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A university is setup for $15,000 and has an operating costs of $3000 per a year, which will be paid by the setup costs. What is the interest nue that is earned?

A) 15%

B) 17%

C) 18%

D) 20%

Related Book For answer-question

Discrete Mathematics and Its Applications

ISBN: 978-0073383095

7th edition

Authors: Kenneth H. Rosen

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Posted Date: Jul 10, 2019 02:16 AM

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A university is setup for $15,000 and has an operating costs of $3000 per a year, which

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Setup cost 15000 Annual operating cost 3000 Annual operating cost has to be pa... View the full answer

Discrete Mathematics and Its Applications

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