menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Mathematics
  3. Study Set
    Mathematics of Finance
  4. Exam
    Exam 1: Simple Interest and Simple Discount
  5. Question
    How Long Will It Take $2000 to Accumulate to $2119
Solved

How Long Will It Take $2000 to Accumulate to $2119

Question 58

Question 58

Multiple Choice

How long will it take $2000 to accumulate to $2119.63 at a simple discount rate of 10%?


A) 206 days
B) 215 days
C) 218 days
D) 223 days

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q53: A retailer buys goods from a supplier

Q54: A deposit of $25,000 is made on

Q55: The note was sold 132 days prior

Q56: An investor bought a 91-day $25,000 Treasury

Q57: A debt of $5000 is to be

Q59: You owe the bank $2000 in 9

Q60: A person borrows $4000 at a simple

Q61: Which of the following statements is (are)true?<br>(i)A

Q62: You take out a loan of $10,000

Q63: A loan of $10,000 is taken out

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2026) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines