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Contemporary Mathematics for Business and Consumers 7th Edition by Robert Brechner ,George Bergeman
Edition 7ISBN: 978-1285448596Contemporary Mathematics for Business and Consumers 7th Edition by Robert Brechner ,George Bergeman
Edition 7ISBN: 978-1285448596 Exercise 161
Solve the following word problems. Round to the nearest cent when necessary.
Alicia Eastman deposited $2,000 in a savings account at the Biltmone Bank paying 6% ordinary interest. How long will it take for her investment to amount to $2,600?
Alicia Eastman deposited $2,000 in a savings account at the Biltmone Bank paying 6% ordinary interest. How long will it take for her investment to amount to $2,600?
Explanation
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First find the amount of interest that A...
Contemporary Mathematics for Business and Consumers 7th Edition by Robert Brechner ,George Bergeman
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