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Contemporary Mathematics for Business & Consumers 8th Edition by Robert Brechner,Geroge Bergeman
Edition 8ISBN: 978-1305585454Contemporary Mathematics for Business & Consumers 8th Edition by Robert Brechner,Geroge Bergeman
Edition 8ISBN: 978-1305585454 Exercise 72
What is the compound amount and compound interest of a $73,000 investment earning 2.9% interest compounded semiannually for 4 years Round to the nearest whole dollar.
Explanation
Verified
Verified
Given,
The investment is $73,000
Nominal...
Contemporary Mathematics for Business & Consumers 8th Edition by Robert Brechner,Geroge Bergeman
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