Jaclyn buys $40 000 worth of debentures in a company

Jaclyn buys $40 000 worth of debentures in a company. She earns 9.5% p.a. simple interest, paid to her quarterly (that is, every 3 months). If the agreed period of the debenture was 18 months: calculate the amount of interest Jaclyn will earn for each quarter

This problem repeats another one in the library (at most with different numbers), so it's left out of browsing.

AQuA-RAT — Algebra Question Answering with Rationales (Ling et al., DeepMind, 2017) · train #18858