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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 94

Question 94

Multiple Choice

Calculate the amount of interest that would be earned on an account of $344,000 if it earned 4.95% for 37 days.


A) $17,028
B) $11,124
C) $991
D) $1,726
E) $2,110

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