Abraham invested $18 000 in an investment fund. The bank paid 4% interest at the end of each year. How much interest did he earn at the end of 1 year?

Work through it with AI →

It won't just hand you the answer — it asks where you're stuck.How the checker works

Worked solution

3

1. Calculate the interest earned in 1 year

Interest=4%×18000=4100×18000=4×180=720\text{Interest} = 4\% \times 18000 = \frac{4}{100} \times 18000 = 4 \times 180 = 720

Answer

$720 (option 4)

AI analysis — may contain mistakes.

Worked this one out on paper? Snap your steps and Gigle's AI math checker will circle the step where it went wrong.

More questions on this topic

  1. 1一根绳子长45\dfrac{4}{5}米,也就是80%80%米. ___ . (.\:(判断对错))
  2. 2Hamid borrowed a sum of money for 3 years at an interest rate of 3.5% per annum simple interest to pay for his car. If t…
  3. 3| Carton | Number of toys | Percentage of toys which are defective | | :--- | :---: | :---: | | A | 200 | 3% | | B | 300…
  4. 4某商场进行促销活动,对一些商品打折出售,妈妈在商场花了 240 元买了一件衣服,比原价便宜了 60 元。这件衣服是打( )折出售的。 A. 二五 B. 四 C. 五 D. 八
  5. 5()20=11.9÷17=35\dfrac{(\quad)}{20}=11.9÷17=35:==%%