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    Exam 6: Simple Interest
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    $180 Is to Be Paid Now
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$180 Is to Be Paid Now

Question 71

Question 71

Multiple Choice

$180 is to be paid now. What amount would be equivalent 3 quarters earlier given an interest rate of 6.8% per year?


A) $184.33
B) $212.14
C) $171.27
D) $166.81
E) $191.54

Correct Answer:

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