A certain money market account that had a balance of 48 000 during all of last month earned 360 in

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(#M40026372) CAPGEMINI Numerical Ability question Keep an EYE

A certain money market account that had a balance of $48,000 during all of last month earned $360 in interest for the month. At what simple annual interest rate did the
account earn interest last month?
(A) 7%
(B) 7.5%
(C) 8%
(D) 8.5%
(E) 9%: Asked In Capgemini chaitanya (11 years ago); Unsolved Read Solution (7); Is this Puzzle helpful? (10) (8) Submit Your Solution Simple & Compound Interest

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Latest Capgemini Aptitude Question SOLUTION: A certain money market account that had a balance of $48,000 during all of last month earned $360 in interest for the month. At what simple annual interest rate did the account ear