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Business Mathematics 13th Edition by Gary Clendenen,Stanley Salzman
Edition 13ISBN: 978-0321955050Business Mathematics 13th Edition by Gary Clendenen,Stanley Salzman
Edition 13ISBN: 978-0321955050 Exercise 10
To help you review, the numbers in brackets show the section in which the topic was discussed. Find the simple interest for of the following. Round to the nearest cent.
A woman invested money received from an insurance settlement for 7 months at 5% simple interest. If she received $1254.17 interest on her investment during this time, find the amount that she invested. (Round to the nearest dollar.) _____________
A woman invested money received from an insurance settlement for 7 months at 5% simple interest. If she received $1254.17 interest on her investment during this time, find the amount that she invested. (Round to the nearest dollar.) _____________
Explanation
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The following table is given, ...
Business Mathematics 13th Edition by Gary Clendenen,Stanley Salzman
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