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    Exam 6: Simple Interest
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    How Many Months Would It Take to Earn $3,300 Interest
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How Many Months Would It Take to Earn $3,300 Interest

Question 228

Question 228

Multiple Choice

How many months would it take to earn $3,300 interest on a deposit of $84,000 at 9 ½%?


A) 4.14 months
B) 4.96 months
C) 11.2 months
D) 15.3 months
E) 25.4 months

Correct Answer:

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