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    Exam 6: Simple Interest
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    Calculate the Maturity Value of an Investment of $22,500 After
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Calculate the Maturity Value of an Investment of $22,500 After

Question 27

Question 27

Multiple Choice

Calculate the maturity value of an investment of $22,500 after 9 months at 13.45%.


A) $20,438.29
B) $4,736.25
C) $2,269.69
D) $27,236.25
E) $24,769.69

Correct Answer:

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