Note 1

Take Note:

Take a note while surfing.

Note With Ink

Give your Note a Colorful Tag.

Easy to Access

Stay on same information and in Sync wherever you are.

Note 2

Take Note:

Organize your information,It may take Shape.

Think With Ink

Differ your Content by Color.

Easy to Access

Easy to pull up your content from anywhere anytime.

Note 3

Take Note:

Don't Let information to miss,Because it take shape

Note With Ink

Simple an Easy Way to take a note.

Easy to Access

Get the same in next visit.

Please wait...

Arithmetic Aptitude :: Simple Interest

6. A certain money market account that had a balance of $48,000 during all of last month earned $360 in interest for the month. At what simple annual interest rate did the account earn interest last month?

Answer: Option B

Explanation :

Formula [R = SI*100/(P*T)]
Given P= $48000, SI=$360, T=1/12
So Rate = [360*100/(48000*(1/12))] = 9%.

Asked In :: Capgemini

Post Your Answer Here:     

No Discussion on this question yet!