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At 4 percent interest for the use of $ 1 princ

2022-08-06 11:25:32 问答库 阅读 179 次

问题详情

At 4 percent interest for the use of $ 1 principal, how much would one pay?
A.Six cents per year
B.Twenty-five cents per year
C.Four cents per year
D.One cent per year请帮忙给出正确答案和分析,谢谢!

参考答案

正确答案:C
解析:本题可以按给出的公式Interest=Principal×Rate×Time就能得出$1×0.04×1=$0.04。本题也能与Thus,6 percent interest means six cents charged for the use of $1 of principal borrowed for one year.对比得出答案。

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