Percent And Interest Problems

This topic has expert replies
Legendary Member
Posts: 2499
Joined: Sun Oct 29, 2017 2:04 pm
Followed by:6 members

Percent And Interest Problems

by swerve » Fri May 28, 2021 9:50 am

Timer

00:00

Your Answer

A

B

C

D

E

Global Stats

Bob invests 100 dollars in a fund that yields 15% simple interest monthly. If Bob invests the principal in the middle of January, which is the first month will he have more than $200 total?

A. June
B. July
C. August
D. February
E. March

The OA is C

Source: Magoosh
Source: — Problem Solving |