How Many Days Did It Take for Your Investment of $4300

question 109

Multiple Choice

How many days did it take for your investment of $4300 to accrue $147 in interest at a rate of 8.12%?

• A) 163.36 days
• B) 135.36 days
• C) 157.36 days
• D) 153.67 days
• E) 163.67 days

---

Definitions:

Concerts

Public performances of music by artists in front of an audience.

Relative Change

A metric that measures how much a particular quantity has changed over time relative to the initial amount.

Inelastic

A characteristic of a good or service whose demand or supply is relatively unresponsive to changes in price.

Elastic

A characteristic of a product or service that indicates its demand or supply significantly changes with a change in price.