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3I0-012 · Question #222

You borrow GBP 2,500,000.00 at 0.625% for 165 days. How much do you repay including interest?

The correct answer is B. GBP 2,507,063.36. See the full explanation below for the reasoning.

Question

You borrow GBP 2,500,000.00 at 0.625% for 165 days. How much do you repay including interest?

Options

  • AGBP 2,507,161.46
  • BGBP 2,507,063.36
  • CGBP 2,507,006.85
  • DGBP 2,507,106.16

How the community answered

(28 responses)
  • A
    7% (2)
  • B
    82% (23)
  • C
    4% (1)
  • D
    7% (2)

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