(a) At a simple interest rate of 12% per year, determine how long it will take $5000...
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(a) At a simple interest rate of 12% per year, determine how long it will take $5000 to increase to twice as much.
(b) Compare the time it will take to double if the rate is 20% per year simple interest.
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a F P Pni 10000 5000 ...View the full answer
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