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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 97
In the following application problems, find principal to the nearest cent, rate to the nearest tenth of a percent, or time to the nearest day.
BANK LOAN Citizens Bank earned $12,250 interest in 45 days from a short-term investment that paid 5.6% interest per year. Find the amount initially invested. _____________
BANK LOAN Citizens Bank earned $12,250 interest in 45 days from a short-term investment that paid 5.6% interest per year. Find the amount initially invested. _____________
Explanation
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The following table is given 
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Business Mathematics Brief 12th Edition by Stanley Salzman ,Gary Clendenen, Charles Miller
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