ACI
3I0-012 · Question #732
How many GBP would you have to invest at 0.55% to be repaid GBP 2,000,000.00 (principal plus interest) in 90 days?
The correct answer is B. GBP 1,997,291.34. See the full explanation below for the reasoning.
Question
How many GBP would you have to invest at 0.55% to be repaid GBP 2,000,000.00 (principal plus interest) in 90 days?
Options
- AGBP 1,997,253.78
- BGBP 1,997,291.34
- CGBP 1,997,287.67
- DGBP 1,997,250.00
How the community answered
(49 responses)- A16% (8)
- B71% (35)
- C8% (4)
- D4% (2)
Community Discussion
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