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    Business Mathematics Study Set 1
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    Exam 6: Simple Interest
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    Calculate the Simple Interest Rate at Which One Can Earn
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Calculate the Simple Interest Rate at Which One Can Earn

Question 209

Question 209

Multiple Choice

Calculate the simple interest rate at which one can earn $500 per day interest on an investment of $1,800,000.


A) 9.45%
B) 28.00%
C) 10.14%
D) 12.91%
E) 25.30%

Correct Answer:

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