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    Business Mathematics Study Set 1
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    Exam 6: Simple Interest
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    How Much Money Would I Have to Invest at 6
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How Much Money Would I Have to Invest at 6

Question 5

Question 5

Multiple Choice

How much money would I have to invest at 6 ½% to earn interest of $4,500 per month?


A) $830,769
B) $692,308
C) $462,963
D) $777,667
E) $103,772

Correct Answer:

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