Consider an investment of $900 made for two years at a simple interest rate of 7.5% per
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Question:
Consider an investment of $900 made for two years at a simple interest rate of 7.5% per year.
(a) Find the amount of simple interest earned.
(b) Find the accumulated amount.
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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