Ethan's grandmother deposited $5000 for him in a savings account on his fifteenth birthday on March 30,

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Ethan's grandmother deposited $5000 for him in a savings account on his fifteenth birthday on March 30, 2017. How much interest would he have earned in the account by his eighteenth birthday assuming an interest rate of 2.5% p.a.?

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Contemporary Business Mathematics with Canadian Applications

ISBN: 978-0134141084

11th edition

Authors: S. A. Hummelbrunner, Kelly Halliday, Ali R. Hassanlou, K. Suzanne Coombs

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Question Posted: Nov 29, 2017 06:43 AM

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Ethan's grandmother deposited $5000 for him in a savings account on his fifteenth birthday on March 30,

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Number of days in 2017 365 89 276 days Number o...View the full answer

Contemporary Business Mathematics with Canadian Applications

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