Jake has $12,000 invested in Vanguard Money Market Mutual Fund for 65 days at a 7-day...

Question

Question

Jake has $12,000 invested in Vanguard Money Market Mutual Fund for 65 days at a 7-day yield of 1.56%. How much interest will he receive in 65 days?

A. $22.87

B. $33.34

C. $44.56

D. $12.44

Answer 1

Answer #1

Jakes Inverstment Amount 12,00o Inves tment tenu re 65days doy Ans wer 1.56% ield (ie Annualiged Return) Tnterest to be Rece

Answer 2

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