Jaclyn buys $30 000 worth of debentures in a company

Jaclyn buys $30 000 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

AQuA-RAT — Algebra Question Answering with Rationales (Ling et al., DeepMind, 2017) · train #62521