A bank offers 9% p.a. simple interest on an investment. At the end of 4 years the interest earned was $215. How much was invested?

A bank offers 9% p.a. simple interest on an investment. At the end

1.	A bank offers 9% p.a. simple interest on an investment. At the end of 4 years the interest earned was $215. How much was invested?
A.	597.22
B.	345
C.	456
D.	378
Answer» B. 345

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A bank offers 9% p.a. simple interest on an investment. At the end of 4 years the interest earned was $215. How much was invested?

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