Question: You deposit $ 2 0 0 , 0 0 0 on April 2 9 in a fund earning simple interest at r = 7 %

You deposit $200,000 on April 29 in a fund earning simple interest at r =7%.Using the banker's rule (ordinary interest), how much do you have on September 29? a$205,950.00 b$205,950.00 c$205,910.80 d$205,950.00

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