Use formula (6-2), S = P(1 + rt), to calculate r if S = $1243.75, P =
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Use formula (6-2), S = P(1 + rt), to calculate r if S = $1243.75, P = $1200, and t = 7/12.
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s p1 rt Given s 124375 p 1200 t 712 Substituting ...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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