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    Exam 6: Simple Interest
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    Calculate the Simple Interest Rate at Which One Can Earn
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Calculate the Simple Interest Rate at Which One Can Earn

Question 14

Question 14

Multiple Choice

Calculate the simple interest rate at which one can earn $1,500 per day interest on an investment of $7,500,000.


A) 2.00%
B) 9.67%
C) 5.00%
D) 6.67%
E) 7.30%

Correct Answer:

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