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Determine how much interest you would earn on the following investment: $190,000 invested at a 6.9% interest rate for 9 months.
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3 votes
Determine how much interest you would earn on the following investment:

$190,000 invested at a 6.9% interest rate for 9 months.

User Jayprakash Dubey
by
3.8k points

1 Answer

7 votes
$9832.5

(190000 * 9 * 6.9%) / 12 = 9832.5
User Shivansh
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3.8k points
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