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If $2,000 were invested at 10% annual interest, how much profit would
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17 Jan 2017, 10:16
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Re: If $2,000 were invested at 10% annual interest, how much profit would
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17 Jan 2017, 10:28
Bunuel wrote: If $2,000 were invested at 10% annual interest, how much profit would the investment yield, in dollars, after a year?
A. $0.2 B. $2 C. $20 D. $200 E. $2,200 Profit=10% of 2000 for 1 year =200 Ans D



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Re: If $2,000 were invested at 10% annual interest, how much profit would
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18 Jan 2017, 08:37
Bunuel wrote: If $2,000 were invested at 10% annual interest, how much profit would the investment yield, in dollars, after a year?
A. $0.2 B. $2 C. $20 D. $200 E. $2,200 profit is nothing but interest attained after a period of an year SI = P*T*R/100 = 2000 * 1 * 10 /100 = 200 ANS : D
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Re: If $2,000 were invested at 10% annual interest, how much profit would
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23 Jan 2017, 07:11
Bunuel wrote: If $2,000 were invested at 10% annual interest, how much profit would the investment yield, in dollars, after a year?
A. $0.2 B. $2 C. $20 D. $200 E. $2,200 The profit the investment yields is the amount of interest earned. We can use the simple interest formula: Interest = principal x rate x time I = p x r x t I = 2,000 x 10/100 x 1 I = 2,000 x 1/10 I = 200 Answer: D
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Re: If $2,000 were invested at 10% annual interest, how much profit would
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12 Mar 2017, 08:06
don't confuse profit with the total return: profit would be 200$ (2000*10%) while total return is 2200(2000*110%)



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Re: If $2,000 were invested at 10% annual interest, how much profit would
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12 Mar 2017, 12:26
Bunuel wrote: If $2,000 were invested at 10% annual interest, how much profit would the investment yield, in dollars, after a year?
A. $0.2 B. $2 C. $20 D. $200 E. $2,200 \(Profit = Interest\) Thus, interest = \(\frac{2000*10}{100}\) So, Profit = \(200\) Hence, correct answer must be (D) 200
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Re: If $2,000 were invested at 10% annual interest, how much profit would
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18 May 2017, 13:03
If $2,000 were invested at 10% annual interest, how much profit would the investment yield, in dollars, after a year? A. $0.2 B. $2 C. $20 D. $200 E. $2,200 SI = \(\frac{PTR}{100}\) (SI = Simple interest, P = Principal, T = Time, R = Rate of interest) SI = \(\frac{2000 * 1 * 10}{100}\) = 200 Hence profit after a year = $200Answer D... _________________ Kindly press "+1 Kudos" to appreciate



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Re: If $2,000 were invested at 10% annual interest, how much profit would
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11 Oct 2017, 02:06
This one shoudn't even take 5 seconds. 10% of 2,000 = 200.



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Re: If $2,000 were invested at 10% annual interest, how much profit would
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13 Oct 2017, 09:24
Bunuel wrote: If $2,000 were invested at 10% annual interest, how much profit would the investment yield, in dollars, after a year?
A. $0.2 B. $2 C. $20 D. $200 E. $2,200 After 1 year the investment is worth 2,000 x 0.1 + 2000 = 2,200 dollars. So, a profit of 200 dollars is made. Answer: D
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