How long will it take for an investment of $9,000 at 3.75% to earn interest of $250?
A) 74 days
B) 163 days
C) 218 days
D) 270 days
E) 741 days
Correct Answer:
Verified
Q32: What simple annual interest rate would you
Q33: How many days will it take for
Q34: Calculate the maturity value of a loan
Q35: How long will it take to earn
Q36: If $59,200 grows to $60,000 in 41
Q38: What was the simple interest rate if
Q39: How much interest would one earn over
Q40: Fred puts $5,475 into a term deposit
Q41: How much money would have to be
Q42: How many months would it take to
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents