How much interest will $8,000 earn in 9 months at an annual rate of 6%?  Answers
A) $250  B) $350  C) $360  D) $550  E) $650
Soln:-   9 months = 3/4 of year;   6% = 6/100=3/50;   $8,000(principal)*3/50(interest rate)*3/4(time)=$360.   ANSWER:$360
<result>C</result>
How much interest will $8,000 earn in 9 months at an annual rate of 6%?