$20,000 is invested for 6 months at an annual simple interest rate of 2%. (a) How much...
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$20,000 is invested for 6 months at an annual simple interest rate of 2%.
(a) How much interest will be earned?
(b) What is the future value of the investment after 6 months?
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Related Book For
Mathematical Applications For The Management, Life And Social Sciences
ISBN: 9781337625340
12th Edition
Authors: Ronald J. Harshbarger, James J. Reynolds
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