What would be the yearly earnings for a person with $5,000 in savings at an annual interest rate of 5.2 percent?

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter5: The Time Value Of Money
Section: Chapter Questions
Problem 4QTD
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What would be the yearly earnings for a person
with $5,000 in savings at an annual interest rate
of 5.2 percent?
Transcribed Image Text:What would be the yearly earnings for a person with $5,000 in savings at an annual interest rate of 5.2 percent?
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