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MMLU-Pro / 98 / Mr. Frankel wants to borrow …
Problem
Answer published by the source. Consult the official source to check your work against its answer.
question
Mr. Frankel wants to borrow $2,000 from November 16 for 143 days. The interest rate is 6%. What would the difference in the interest charge amount to if the bank used exact interest instead of bankers' interest?
category
business
options
- $2.00
- $0.25
- $1.50
- $1.32
- $3.30
- $0.50
- $0.99
- $.66
- $1.98
- $2.64
src
stemez-Business
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