Multiple Choice
Use I = Prt for simple interest to find the indicated quantity.
-P = $3000; t = 90 days; I = $105. Find r. (Use 360 days in a year.)
A) 3.5%
B) 14.2%
C) 9.7%
D) 14.0%
Correct Answer:
Verified
Correct Answer:
Verified
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