ECONOMICS (CBSE/UGC NET)

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ECONOMICS

COMPOUND INTEREST

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Ms. Cornelius earns $11.25 each year on an investment. What is the rate of simple interest if her initial amount invested was $750?
A
6.7 %
B
66.7 %
C
1.5 %
D
15 %
Explanation: 
There is 1 question to complete.
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