Answers FT GMS AMDM B IC – 72 InterestQuestion 3

3

QuizMultiple Choice

Interest

Question 3 • FT GMS AMDM B IC – 72

Determine the simple interest on an account paying 6.5% annually interest of an investment of $5,250.

Answer

A

$341.25

B

$343.08

C

$345.02

D

$347.96

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