Carolina invested $400 in her savings account for a period of six months. If the savings account

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Carolina invested $400 in her savings account for a period of six months. If the savings account was offering her a simple interest rate of 2.5% p.m., calculate the maturity amount of her investment and the interest she earned at the end of the time period.

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Mathematics Of Business And Finance

ISBN: 9781927737545

4th Edition

Authors: Larry Daisley, Thambyrajah Kugathasan, Diane Huysmans

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