How Many Months Would It Take to Earn $3,300 Interest

question 228

Multiple Choice

How many months would it take to earn $3,300 interest on a deposit of $84,000 at 9 ½%?

• A) 4.14 months
• B) 4.96 months
• C) 11.2 months
• D) 15.3 months
• E) 25.4 months

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Definitions:

Comfortable

Providing a state of physical or psychological ease and freedom from pain or constraint.

Grief and Bereavement

Emotional and psychological responses to loss, particularly the death of a loved one, involving stages of mourning and adjustment.

Consequences

The results or effects that naturally follow from a specific action or set of conditions.

Loved Ones

Refers to individuals with whom one shares deep affection and significant personal ties, such as family members, close friends, or partners.