What is the sum which yields a profit of 600 euros, if has been invested for 2 months with an annual interest rate of 6%

A) 36,000 euros 

B) 43,200 euors

C) 7,200 euros 

D) 21,600 euros 

E) 60,000 euros

If kachina caron invested $1200 in a simple interest account and earned $56 in 8 months, what is the annual interest rate?

(3) (a) You want to purchase a new car. You are offered a loan for $16,000 with an annual interest rate of 6% and a 36-month repayment period. Use the average balance method to estimate the total amount you will pay over the 36 months for this $16,000 car loan? Round to the nearest dollar.