Ethans grandmother deposited $5000 for him in a savings account on his fifteenth birthday on March 30,

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Ethan’s grandmother deposited $5000 for him in a savings account on his fifteenth birthday on March 30, 2021. How much interest would he have earned in the account by his eighteenth birthday assuming an interest rate of 2.5% p.a.?

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Contemporary Business Mathematics With Canadian Applications

ISBN: 9780135285015

12th Edition

Authors: Ali R. Hassanlou, S. A. Hummelbrunner, Kelly Halliday

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