An investment will pay $3,000 six months from now. What purchase price will provide a rate of return of 12% simple interest?

A) $2,830.19

B) $3,180.00

C) $2,000.00

D) $2,500.00

E) $2,724.17

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# An investment will pay $3,000 six months from now. What purchase price will provide a rate of return of 12%

Let's find answer to your question.

A) $2,830.19

B) $3,180.00

C) $2,000.00

D) $2,500.00

E) $2,724.17