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College Algebra
7th Edition
ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter8: Sequences And Series
Section8.4: Mathematics Of Finance
Problem 2E
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3. An amount of P12, 500 is invested at 3.25% simple interest for 3 years. Complete
the table below.
Time (in years)
Principal
Rate
Interest
Future Value
P12, 500
0.0325
PO
РО
1
3
Transcribed Image Text:3. An amount of P12, 500 is invested at 3.25% simple interest for 3 years. Complete the table below. Time (in years) Principal Rate Interest Future Value P12, 500 0.0325 PO РО 1 3
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