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    A Survey of Mathematics
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    Exam 10: Consumer Mathematics
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    Find the Simple Interest
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Find the Simple Interest

Question 104

Question 104

Multiple Choice

Find the simple interest. (The rate is an annual rate unless otherwise noted. Assume 360 days in a year.)
-p = $4984, r = 1.25% per month, t = 30 months


A) $155.75
B) $1869.00
C) $1806.70
D) $1931.30

Correct Answer:

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