In how many years will $2,500 become $8,000 if k=2.5% simple interest per year?

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Practical financial management

ISBN: 978-0324422634

5th Edition

Authors: William r. Lasher

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Posted Date: Jun 03, 2022 06:52 AM

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In how many years will $2,500 become $8,000 if k=2.5% simple interest per year?

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Under simple interest interest is only earned on the principal initial value such that the ... View the full answer

Practical financial management

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