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    Exam 6: Simple Interest
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    If $450,000 Is Invested on June 3 at 7
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If $450,000 Is Invested on June 3 at 7

Question 125

Question 125

Multiple Choice

If $450,000 is invested on June 3 at 7.75%, what will be the value of the investment on December 11?


A) $468,250
B) $466,625
C) $632,497
D) $432,461
E) $484,875

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