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Business Mathematics Brief 12th Edition by Stanley Salzman ,Gary Clendenen, Charles Miller
Edition 12ISBN: 978-0132605540Business Mathematics Brief 12th Edition by Stanley Salzman ,Gary Clendenen, Charles Miller
Edition 12ISBN: 978-0132605540 Exercise 34
To help you review, the numbers in brackets show the section in which the topic was discussed. Find the simple interest for of the following. Round to the nearest cent.
Lupe Gonzalez has $6500 in her retirement account. Find the simple interest rate required for the fund to grow to $7247.50 in 15 months. _____________
Lupe Gonzalez has $6500 in her retirement account. Find the simple interest rate required for the fund to grow to $7247.50 in 15 months. _____________
Explanation
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The following table is given, 
Recall th...
Business Mathematics Brief 12th Edition by Stanley Salzman ,Gary Clendenen, Charles Miller
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