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    Exam 6: Simple Interest
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    What Principal Will Grow to $12,031
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What Principal Will Grow to $12,031

Question 116

Question 116

Multiple Choice

What principal will grow to $12,031.25 at 7.5% interest in 15 months?


A) $10,000.00
B) $11,000.00
C) $15,000.00
D) $20,000.00
E) $21,000.00

Correct Answer:

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