Compute the simple interest INT for the specified length of time and the future value FV at the end of that time (in dollars). Round all answers to the nearest cent. $12,400 is invested for 4 months at 11% per year. INT = $ __________ FV = $ __________

Advanced Engineering Mathematics
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ISBN:9780470458365
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Chapter2: Second-order Linear Odes
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Compute the simple interest INT for the specified length of time and the future value FV at the end of that time (in dollars). Round all answers to the nearest cent.

$12,400 is invested for 4 months at 11% per year.

INT = $ __________
FV = $ __________

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