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MMLU-Pro / 709 / How much cash can be obtained now on a …

Problem

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

question

How much cash can be obtained now on a $4,000 loan repay-able in three years with interest compounded at (1 / 2)% per month?

category

business

options

  1. $3,150
  2. $3,800
  3. $3,250
  4. $3,700
  5. $3,900
  6. $3,500
  7. $3,450
  8. $3,600
  9. $4,000
  10. $3,342.59

src

stemez-Business

Discussion

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Source and history

Official source

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