Essay
Sally put $9500 in term deposit on May 22. It matured on September 4 at $9588.82. What interest rate did she earn on the term deposit?
Correct Answer:
Verified
P = $9500
S = $9588.82
t = 10 ...View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Correct Answer:
Verified
P = $9500
S = $9588.82
t = 10 ...
S = $9588.82
t = 10 ...
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Related Questions
Q85: What principal will have a future value
Q86: A loan of $1825 taken out on
Q87: At what rate of interest will $1087.00
Q88: Compute the amount of interest on $250.00
Q89: Principal of $259 000 on a house
Q91: Alex borrowed $7500 to buy a car.
Q92: The interest earned on a $6000 investment
Q93: Genevieve won $42 016 from the lottery
Q94: The exact number of days between January
Q95: Eighty days ago, Emma was supposed to