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    Business Mathematics Study Set 1
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    Exam 6: Simple Interest
  5. Question
    The Interest Earned on a $7,500 Investment Was $1181
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The Interest Earned on a $7,500 Investment Was $1181

Question 156

Question 156

Short Answer

The interest earned on a $7,500 investment was $1181.25. What was the term in months if the rate of interest was 3.5%?

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