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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 $49
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Determine the Deposit That Must Be Made to Earn $49

Question 101

Question 101

Essay

Determine the deposit that must be made to earn $49.27 in 325 days at 6%.

Correct Answer:

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I = 49.27;...

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