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    Contemporary Business Mathematics Study Set 1
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    Exam 7: Simple Interest
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    Pablo Invested $1965 in a 3-Month Term Deposit at 2
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Pablo Invested $1965 in a 3-Month Term Deposit at 2

Question 119

Question 119

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Pablo invested $1965 in a 3-month term deposit at 2.2% p.a. What is the maturity value of this deposit?

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P = 1965; r = 2.2% =...

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