Question: 1 = PrtA = P(1 + rt){USE FOR FOLLOWING QUESTIONS} 3. Find the simple interest on an investment of $1150 at 6.2% APR for 6

1 = PrtA = P(1 + rt){USE FOR FOLLOWING QUESTIONS}

3.Find the simple interest on an investment of $1150 at 6.2% APR for 6 months.

4. How much should be invested now in a CD at an APR (simple) of 7.5% if you will need $5200 in 30 months?

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