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    Contemporary Business Mathematics Study Set 1
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    Exam 7: Simple Interest
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    Calculate the Amount of Interest If $2000
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Calculate the Amount of Interest If $2000

Question 98

Question 98

Multiple Choice

Calculate the amount of interest if $2000.00 is invested at 6% for 200 days.


A) $65.75
B) $120.00
C) $54.25
D) $6575.34
E) $240.00

Correct Answer:

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