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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 112
Solve the following application problems. If no interest rate is given, assume
interest compounded daily. Round to the nearest cent.
Describe the advantages to a family of having money in a savings account or certificate of deposit. (See Objectives 1-6.)
interest compounded daily. Round to the nearest cent. Describe the advantages to a family of having money in a savings account or certificate of deposit. (See Objectives 1-6.)
Explanation
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Since banks pay higher interest rates on...
Business Mathematics Brief 12th Edition by Stanley Salzman ,Gary Clendenen, Charles Miller
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