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MMLU-Pro / 489 / Mr. White received the sum of …

Problem

Answer published by the source. Consult the official source to check your work against its answer.

question

Mr. White received the sum of 972.50fromABCLoanCompany.Ifhesignedaloanagreementtopay972.50 from ABC Loan Company. If he signed a loan agreement to pay 1000 to the loan company at the end of 180 days, what is the discount rate of the loan?
Plain-text mathematical notation (without MathML)
Mr. White received the sum of 972.50fromABCLoanCompany.Ifhesignedaloanagreementtopay1000 to the loan company at the end of 180 days, what is the discount rate of the loan?
Original LaTeX notation
Mr. White received the sum of $972.50 from ABC Loan Company. If he signed a loan agreement to pay $1000 to the loan company at the end of 180 days, what is the discount rate of the loan?

category

business

options

  1. 2.75% per year
  2. 7.5% per year
  3. 5.5% per year
  4. 5.0% per six months
  5. 9.0% per year
  6. 4.5% per year
  7. 6.5% per year
  8. 8.0% per year
  9. 4.0% per year
  10. 3.0% per year

src

stemez-Business

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