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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。