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    Exam 6: Simple Interest
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    Calculate the Amount of Interest That Would Be Earned on an Account
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Calculate the Amount of Interest That Would Be Earned on an Account

Question 136

Question 136

Multiple Choice

Calculate the amount of interest that would be earned on an account of $47,500 if it earned 6.4% for 293 days.


A) $89,072
B) $3,040
C) $2,440
D) $17,442
E) $11,298

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