Jenika has $12,400 invested at a simple interest rate of 4.2%. Patrick earns only 3.85% on his
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Jenika has $12,400 invested at a simple interest rate of 4.2%. Patrick earns only 3.85% on his investments. How much would Patrick need to invest in order to earn the same amount of interest per month as Jerrika?
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Jenikas principal P112400 Patrick princ...View the full answer
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Related Book For
Fundamentals Of Business Mathematics In Canada
ISBN: 9781259370151
3rd Edition
Authors: F. Ernest Jerome, Jackie Shemko
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