Solved

What Rate of Interest Did You Receive Over a Period

Question 25

Multiple Choice

What rate of interest did you receive over a period of 67 days if your principal was $7444 and it has a maturity value of $7601?


A) 11.94%
B) 11.49%
C) 11.69%
D) 11.29%
E) 11.99%

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions