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The following is a Money Market Mutual Fund quote as of November 1, 2XX1: Fund Avg. Mat. 7-day Yield Assets U.S. Bank 175 1.15 65

The following is a Money Market Mutual Fund quote as of November 1, 2XX1:

Fund Avg. Mat. 7-day Yield Assets
U.S. Bank 175 1.15 65

Amy invested $100,000 in the above MMMF. How much interest will she receive in 90 days?

A.

$287.50

B.

$1,150.00

C.

$559.03

D.

$551.37

E.

$283.56

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