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    Finite Mathematics
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    Exam 5: Mathematics of Finance
  5. Question
    Find the Simple Interest on a $500 Investment Made for 5
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Find the Simple Interest on a $500 Investment Made for 5

Question 160

Question 160

Essay

Find the simple interest on a $500 investment made for 5 years at an interest rate of 9%/year. What is the accumulated amount? Find the simple interest on a $500 investment made for 5 years at an interest rate of 9%/year. What is the accumulated amount?

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