The Interest Accrued on $7,500 at 6% for 90 Days

question 112

Multiple Choice

The interest accrued on $7,500 at 6% for 90 days is:

• A)$450.00.
• B)$37.50.
• C)$112.50.
• D)$11.25.
• E)$1,800.00.

---

Definitions:

Example

A typical instance or illustration of something, used to explain or justify.

Marketing Research

A set of techniques and principles for systematically collecting, recording, analyzing, and interpreting data that can aid decision makers involved in marketing goods, services, or ideas.

Problem Needs

Identifiable requirements or gaps that a target audience or market has, which can drive the creation of new products or services.

Unstructured Questions

Open-ended questions that allow respondents to answer in their own words.