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    Contemporary Business Mathematics Study Set 1
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    Exam 7: Simple Interest
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    What Principal Will Have a Future Value of $7325 at a 1.1
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What Principal Will Have a Future Value of $7325 at a 1.1

Question 85

Question 85

Essay

What principal will have a future value of $7325 at a 1.1% rate in 350 days?

Correct Answer:

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S = 7325; r = 1.1% =...

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