ACI
3I0-012 · Question #533
How many USD would you have to invest at 3.5% to be repaid USD125 million (principal plus interest) in 30 days?
The correct answer is B. USD 124,636,476.94. See the full explanation below for the reasoning.
Question
How many USD would you have to invest at 3.5% to be repaid USD125 million (principal plus interest) in 30 days?
Exhibits
Options
- AUSD 124,641,442.43
- BUSD 124,636,476.94
- CUSD 124,635,416.67
- DUSD 123,915,737.30
How the community answered
(25 responses)- A4% (1)
- B80% (20)
- C4% (1)
- D12% (3)
Community Discussion
No community discussion yet for this question.