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mple mteiest was eanmed of deposit earned an interest rate of %.

mple mteiest was eanmed of deposit earned an interest rate of %.

Advanced Engineering Mathematics
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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A$1300 certificate of deposit held for 77 days was worth $1311.68. What simple interest rate was earned? Assume 360 days in a year. ... The certificate of deposit earned an interest rate of %.
Transcribed Image Text:A$1300 certificate of deposit held for 77 days was worth $1311.68. What simple interest rate was earned? Assume 360 days in a year. ... The certificate of deposit earned an interest rate of %.
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