Solved

On December 19 Jerry's $800 Deposit Matured at $848

Question 117

Multiple Choice

On December 19 Jerry's $800 deposit matured at $848.22. It had been earning 8%. What was the date that he made the deposit?

A) Oct. 2
B) Jan. 1
C) Mar. 19
D) Sept. 20
E) Apr. 1

Related Questions

Q112: Robert placed $7,000 in a 10-month term

Q113: If money if worth $1,500 now and

Q114: A $7,500 loan will be paid off

Q115: What simple annual interest rate would you

Q116: Marta borrowed $1,750 from Jasper on November

Q118: What amount, seven months from now, is

Q119: Payments of $1,400 and $2,500 were due

Q120: Dominion Contracting invested surplus funds in term

Q121: Avril owes Value Furniture $1,600, which is

Q122: What simple interest rate was used if