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    Contemporary Business Mathematics Study Set 1
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    Exam 7: Simple Interest
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    What Rate of Interest Did You Earn for a Period
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What Rate of Interest Did You Earn for a Period

Question 128

Question 128

Multiple Choice

What rate of interest did you earn for a period of 2417 days if you invested $175 and you earned $222 in interest?


A) 16.19%
B) 17.19%
C) 29.19%
D) 21.19%
E) 19.16%

Correct Answer:

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