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
    How Much Interest Would One Earn Over 200 Days on an Investment
Solved

How Much Interest Would One Earn Over 200 Days on an Investment

Question 153

Question 153

Multiple Choice

How much interest would one earn over 200 days on an investment of $95,000 at an interest rate of 14%?


A) $1,023
B) $5,889
C) $7,021
D) $7,288
E) $13,300

Correct Answer:

verifed

Verified

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

Related Questions

Q148: What is the time interval (in months)

Q149: If $20,000 was invested 82 days ago

Q150: What payment, 174 days from now, is

Q151: The interest rate on an $859.50 debt

Q152: A $25,000 investment earned 1.1% per month

Q154: What amount should be accepted as equivalent,

Q155: Umberto borrowed $7500 from Delores on November

Q156: Calculate the equivalent value of the scheduled

Q157: What amount, seven months from now, is

Q158: How much interest will be earned on

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