
Contemporary Mathematics for Business and Consumers 7th Edition by Robert Brechner ,George Bergeman
Edition 7ISBN: 978-1285448596
Contemporary Mathematics for Business and Consumers 7th Edition by Robert Brechner ,George Bergeman
Edition 7ISBN: 978-1285448596 Exercise 2
Calculate the present value (principal) and the compound interest for the following investments. Use Table 11-2. Round answers to the nearest cent.



Explanation
Given,
The compound amount is $5,500,
T...
Contemporary Mathematics for Business and Consumers 7th Edition by Robert Brechner ,George Bergeman
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