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Questions and Answers
What is the annual rate of interest if ܲ265 is earned in four months on an
investment ofܲ15,000?
What is the annual rate of interest if ܲ265 is earned in four months on an investment ofܲ15,000?
- 5.3% (correct)
- 5.4%
- 5.5%
- 5.8%
