If a 6 Month Term Deposit at a Bank Pays

question 6

Multiple Choice

If a 6 month term deposit at a bank pays a simple interest of 3%, how much will have to be deposited to earn $18 000?

• A) $600 000
• B) $120 000
• C) $1 200 000
• D) $270
• E) $540

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Definitions:

Marijuana

A psychoactive drug from the Cannabis plant used primarily for medical or recreational purposes, known for its relaxing and euphoric effects.

Drug Use

The act of consuming substances which can alter the body's physiological or psychological state.

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Acquired Immunodeficiency Syndrome, a serious and life-threatening condition caused by the human immunodeficiency virus (HIV), which drastically weakens the immune system.