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Understanding Interest Rates
?
The advertisement states that a 6-month financial instrument provides an annual return of 15%. If you invest $1000, at the end of six months you will have
$1150.00
$1556.25
$1075.00
$1356.25
Show Result
Correct
- Your answer is correct.
Wrong
- Your answer is wrong.
Detailed Answer
Correct answer: (C)
$1075.00
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