The maturity value of an investment after 42 months is $8689.32. What was the original investment if

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The maturity value of an investment after 42 months is $8689.32. What was the original investment if it earned 4.25% compounded semiannually?

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Fundamentals Of Business Mathematics In Canada

ISBN: 9781259370151

3rd Edition

Authors: F. Ernest Jerome, Jackie Shemko

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Question Posted: Oct 21, 2020 05:47 AM

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The maturity value of an investment after 42 months is $8689.32. What was the original investment if

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General formula for compound amount A Where p is principal amount ...View the full answer

Fundamentals Of Business Mathematics In Canada

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