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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 118
Use the table to solve the following application problems. Round to the nearest cent.
CREDIT UNION Bill Jensen deposits $8500 with Bank of America in an investment paying 5 compounded semiannually. Find (a) the compound amount and (b) the interest in 6 years.
CREDIT UNION Bill Jensen deposits $8500 with Bank of America in an investment paying 5 compounded semiannually. Find (a) the compound amount and (b) the interest in 6 years.
Explanation
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The following table is given, There ar...
Business Mathematics Brief 12th Edition by Stanley Salzman ,Gary Clendenen, Charles Miller
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