John deposited $5000 in a bank at a simple interest rate for 2.5 years. If the interest
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John deposited $5000 in a bank at a simple interest rate for 2.5 years. If the interest rate was 2% higher than that offered by the bank, how much more interest would he have earned?
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Mathematics Of Business And Finance
ISBN: 9781927737545
4th Edition
Authors: Larry Daisley, Thambyrajah Kugathasan, Diane Huysmans
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