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Answers
A
B
C
D
E
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Difficulty—
If \(\$6,000\) invested for one year at \(x\) percent simple annual interest yields \(\$450,\) what amount must be invested at \(y\) percent simple annual interest for one year to yield the same number of dollars?
1) If \(\$4,500\) were invested at y percent simple annual interest for one year, the investment would yield \(\$450\)
2) If \(\$6,000\) were invested at \(y\) percent simple annual interest for one year, the investment would yield \(\$150\) more than if it were invested at \(x\) percent simple annual interest
The OA is D
1) If \(\$4,500\) were invested at y percent simple annual interest for one year, the investment would yield \(\$450\)
2) If \(\$6,000\) were invested at \(y\) percent simple annual interest for one year, the investment would yield \(\$150\) more than if it were invested at \(x\) percent simple annual interest
The OA is D
