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Financial Math
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Question 43
43
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Multiple Choice
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Question 43 • Financial Math
If the amount for renovations (Component A) is increased to $60,000 while keeping the interest rates the same, what would be the new weighted average interest rate?
Answer
A
4 point 0 percent
B
3 point 8 percent
C
4 point 1 percent
D
4 point 2 percent
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