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    Contemporary Business Mathematics Study Set 1
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    Exam 7: Simple Interest
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    Determine the Deposit That Must Be Made to Earn $85
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Determine the Deposit That Must Be Made to Earn $85

Question 79

Question 79

Essay

Determine the deposit that must be made to earn $85 in 7 months at 10.5%.

Correct Answer:

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I = $85; r...

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