How much interest will be earned on a 91-day $15,000 term deposit that pays an interest rate

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How much interest will be earned on a 91-day $15,000 term deposit that pays an interest rate of 0.2% per annum?

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Fundamentals Of Business Mathematics In Canada

ISBN: 9781259370151

3rd Edition

Authors: F. Ernest Jerome, Jackie Shemko

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Question Posted: Oct 21, 2020 05:53 AM

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How much interest will be earned on a 91-day $15,000 term deposit that pays an interest rate

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Step1 91 days are equivalent to 3 months We want to calculate the inte...View the full answer

Fundamentals Of Business Mathematics In Canada

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