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ACI

3I0-013 · Question #231

The interest earned on a HUF 5.000.000.00 money market deposit for 90 days is HUF 62,500.00. What was the interest rate?

The correct answer is D. 5.00%. See the full explanation below for the reasoning.

Question

The interest earned on a HUF 5.000.000.00 money market deposit for 90 days is HUF 62,500.00. What was the interest rate?

Options

  • A5.07%
  • B5.06%
  • C4.93%
  • D5.00%

How the community answered

(35 responses)
  • A
    3% (1)
  • B
    11% (4)
  • C
    9% (3)
  • D
    77% (27)

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