How much money would have to be invested from November 22 until June 29 of the following year at 19%, in order to earn $950 in interest?
A) $8,333
B) $12,500
C) $5,000
D) $11,351
E) $6,306
Correct Answer:
Verified
Q52: How long would it take for a
Q53: What simple interest rate was used if
Q54: How many months would it take to
Q55: How many months would it take to
Q56: Calculate the simple interest rate at which
Q58: How long would it take for a
Q59: What simple interest rate was used if
Q60: If $20,000 was invested 82 days ago
Q61: How many months would it take for
Q62: How much money would have to be
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