Gwen invested $10,000 on April 24, 2016 at 5.15% p.a. On September 18, 2016, the interest rate
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Gwen invested $10,000 on April 24, 2016 at 5.15% p.a. On September 18, 2016, the interest rate changed to 4.95% p.a. What was the total interest earned by March 15, 2017? What was the maturity value of the investment on this date?
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Related Book For
Mathematics Of Business And Finance
ISBN: 9781927737545
4th Edition
Authors: Larry Daisley, Thambyrajah Kugathasan, Diane Huysmans
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