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    Contemporary Business Mathematics Study Set 1
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    Exam 7: Simple Interest
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    Find the Maturity Value of $832
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Find the Maturity Value of $832

Question 13

Question 13

Essay

Find the maturity value of $832.00 invested at 8.8% from May 20, 2013, to November 23, 2013.

Correct Answer:

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P = 832; r = 0.088
t = 11 + 30...

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