question archive Suppose that you want to earn P9,281
Suppose that you want to earn P9,281
Subject:MathPrice:2.87 Bought7
Suppose that you want to earn P9,281.25 after 27 months and you have $75,000. At what rateshould you invest the said amount?
A. 5.25%
B 5.50%
C. 5.75%
D. 11.50%?
A. 5.25%
B 5.50%
C. 5.75%
D. 11.50%?
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Answer:
The answer is D.11.50%
Step-by-step explanation:
75,000 times 11.50 =9,281.25
