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    Business Mathematics Study Set 1
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    Exam 7: Applications of Simple Interest
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    How Much Simple Interest Would Be Earned by a Six-Month
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How Much Simple Interest Would Be Earned by a Six-Month

Question 29

Question 29

Multiple Choice

How much simple interest would be earned by a six-month, $30,000 Guaranteed Investment Certificate at 5.7%?


A) $143
B) $696
C) $763
D) $855
E) $978

Correct Answer:

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