If 300,000 people each receive an average refund of $2,500, based on an interest rate of 3

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If 300,000 people each receive an average refund of $2,500, based on an interest rate of 3 percent, what would be the lost annual income from savings on those refunds?

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Focus On Personal Finance

ISBN: 9780077861742

5th Edition

Authors: Jack R. Kapoor, Les R. Dlabay Professor, Robert J. Hughes, Melissa Hart

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Question Posted: Nov 20, 2018 12:04 PM

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If 300,000 people each receive an average refund of $2,500, based on an interest rate of 3

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