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Percent And Interest Problems

Expert replies
by swerve » Fri May 28, 2021 9:50 am

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Answers

A

B

C

D

E

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Difficulty

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
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