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    Business Mathematics Study Set 1
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    Exam 6: Simple Interest
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    How Many Months Would It Take to Earn $1,650 Interest
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How Many Months Would It Take to Earn $1,650 Interest

Question 204

Question 204

Multiple Choice

How many months would it take to earn $1,650 interest on a deposit of $44,000 at 7 ½%?


A) 4.5 months
B) 12 months
C) 6 months
D) 5 months
E) ½ month

Correct Answer:

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