Find the income on 71/2% stock of $ 20000 purchased at $ 120.

1.
Find the income on 7¹/₂% stock of $ 20000 purchased at $ 120.

A. $ 1550

B. $ 1450

C. $ 1500

D. $ 1600

Answer» D. $ 1600

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Find the income on 7¹/₂% stock of $ 20000 purchased at $ 120.

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1.	Find the income on 7¹/₂% stock of $ 20000 purchased at $ 120.
A.	$ 1550
B.	$ 1450
C.	$ 1500
D.	$ 1600
Answer» D. $ 1600