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    Exam 6: Simple Interest
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    Calculate the Amount of Interest That Would Be Earned on an Account
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Calculate the Amount of Interest That Would Be Earned on an Account

Question 19

Question 19

Multiple Choice

Calculate the amount of interest that would be earned on an account of $216,000 if it earned 5.15% for 27 days.


A) $11,298
B) $11,124
C) $823
D) $1,744
E) $2,110

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