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    Contemporary Business Mathematics Study Set 1
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    Exam 7: Simple Interest
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    What Is the Present Value of $9700
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What Is the Present Value of $9700

Question 130

Question 130

Essay

What is the present value of $9700.00 due at 6.25% p.a. in 89 days?

Correct Answer:

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S = 9700.0...

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