How much should you invest now at 4 1/2% simple annual interest in order to earn $180 interest in 11 months?
How much should you invest now at 4 1/2% simple annual interest in order to earn $180 interest in 11 months?
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 10E
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How much should you invest now at 4 1/2% simple annual interest in order to earn $180 interest in 11 months?
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