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Business Mathematics 13th Edition by Gary Clendenen,Stanley Salzman
Edition 13ISBN: 978-0321955050Business Mathematics 13th Edition by Gary Clendenen,Stanley Salzman
Edition 13ISBN: 978-0321955050 Exercise 8
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 13th Edition by Gary Clendenen,Stanley Salzman
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