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    Exam 6: Simple Interest
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    How Long Will It Take to Earn $542
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How Long Will It Take to Earn $542

Question 24

Question 24

Multiple Choice

How long will it take to earn $542.40 interest on an investment of $6,400 at 11.3%?


A) 7.5 months
B) 8.0 months
C) 8.5 months
D) 9.0 months
E) 9.5 months

Correct Answer:

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