A $1700 certificate of deposit held for 71 days was worth $1708.05. What simple interest rate...
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A $1700 certificate of deposit held for 71 days was worth $1708.05. What simple interest rate was earned? Assume 360 days in a year. The certificate of deposit earned an interest rate of __% A $1700 certificate of deposit held for 71 days was worth $1708.05. What simple interest rate was earned? Assume 360 days in a year. The certificate of deposit earned an interest rate of __%
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Accounting concepts and applications
ISBN: 978-0538745482
11th Edition
Authors: Albrecht Stice, Stice Swain
Posted Date:
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