menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Business Mathematics
  4. Exam
    Exam 6: Simple Interest
  5. Question
    At What Simple Annual Interest Rate Would $1,896 Grow to $2000
Solved

At What Simple Annual Interest Rate Would $1,896 Grow to $2000

Question 118

Question 118

Multiple Choice

At what simple annual interest rate would $1,896 grow to $2000 in 300 days?


A) 6.7%
B) 8.5%
C) 7.8%
D) 5.5%
E) 6.3%

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q113: Determine the amount of (simple) interest that

Q114: To settle a $570 invoice, Anna can

Q115: Anthony borrowed $7500 on September 15 and

Q116: What principal will grow to $12,031.25 at

Q117: Two equal payments, 50 days and 150

Q119: Rasheed wishes to postpone for 90 days

Q120: How much interest was paid on a

Q121: Marta borrowed $1750 from Jasper on November

Q122: The interest rate on $27,000 borrowed on

Q123: How much money would one have to

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines