How Many Months Would It Take to Earn $1,650 Interest

question 204

Multiple Choice

How many months would it take to earn $1,650 interest on a deposit of $44,000 at 7 ½%?

• A) 4.5 months
• B) 12 months
• C) 6 months
• D) 5 months
• E) ½ month

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