How much interest will $10,000 earn in 9 months at an annual rate of 10%?
Choose the correct choice from the following:
A) $250	B) $350	C) $450	D) $60	E) $650
Soln:-   9 months = 3/4 of year;   10% = 10/100=1/10;   $10,000(principal)*3/50(interest rate)*1/10(time)=$60.   ANSWER:$60
<result>D</result>
How much interest will $10,000 earn in 9 months at an annual rate of 10%?