With interest of $1,832.00 and a principal of $16,000 for 206 days, using the ordinary interest method, the rate is:
A) 20%
B) 12%
C) 2%
D) 10%
E) None of these
Correct Answer:
Verified
Q49: Match the following terms with their definitions.
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Q54: Match the following terms with their definitions.
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A)360
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Q59: Match the following terms with their definitions.
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Q61: Use ordinary interest:
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