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book Business Mathematics Brief 12th Edition by Stanley Salzman ,Gary Clendenen, Charles Miller cover

Business Mathematics Brief 12th Edition by Stanley Salzman ,Gary Clendenen, Charles Miller

Edition 12ISBN: 978-0132605540
book Business Mathematics Brief 12th Edition by Stanley Salzman ,Gary Clendenen, Charles Miller cover

Business Mathematics Brief 12th Edition by Stanley Salzman ,Gary Clendenen, Charles Miller

Edition 12ISBN: 978-0132605540
Exercise 85
In each of the following application problems, find principal to the nearest cent, rate to the nearest tenth of a percent, or time to the nearest day.
SHORT-TERM SAVINGS Hoyt Axton earned $244.80 interest in 9 months in a short-term savings account that paid 3.2% per year. Use the simple interest formula to estimate the amount initially invested.
Explanation
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Business Mathematics Brief 12th Edition by Stanley Salzman ,Gary Clendenen, Charles Miller
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