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Accounting: What the Numbers Mean boboladaololl o of 25 Concepts completed Multiple Choice Question Which of the following would represe ti vorrect calculation of interest
Accounting: What the Numbers Mean boboladaololl o of 25 Concepts completed Multiple Choice Question Which of the following would represe ti vorrect calculation of interest earned on a six month, $100 investment? O $100 principal x (10% rate / 2) 6/12 = $2.50 interest O $100 principal x 10% rate x6 = $60 interest O $100 principal x 10% rate x6/12 = $5 interest O $100 principal x 10% rate x 2 times per year = $20 interest Confidence Level Rate your confidence to submit your answer. Concept
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