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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Mathematics Of Business And Finance

ISBN: 9781927737545

4th Edition

Authors: Larry Daisley, Thambyrajah Kugathasan, Diane Huysmans

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