Question: Finance 1. What is the simple interest in year two on a ( $ 6,000 ) investment if the interest rate is ( 5.0 %

Finance 1. What is the simple interest in year two on a $ \$ 6,000 $ investment if the interest rate is $ 5.0 \% $ ? a. $ \$ 20 $ b. $ \$ 30 $ c. $ \$ 220 $ (d) $ \$ 300 $ 2. What is the compound 1 answer

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