SESK: Stuff Everyone Should Know · sesk.info/asvab-ar-simple-interest-rate
A $500 investment earns $75 simple interest in 3 years. What rate?
- 4%
- 5%
- 6%
🔒 The answer is for SESK members. Members see the answer, why it's right and the official sources for every card of Stuff Every Military Recruit Should Know, plus timed practice exams.
The first 50 cards of every test are free to play.
Like this card?
References
- OpenStax Prealgebra 2e, Solve Simple Interest Applications openstax.org/books/prealgebra-2e/pages/6-4-solve-simple-interest-applications Checked 2026-10-13.
Think this answer is wrong? Tap "Challenge this answer" on the card in the game and tell us why.
More stuff everyone should know
That's stuff everyone should know.