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

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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