On February 15, 2019, Sophia deposited the profits of her business into a savings account at 5%

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On February 15, 2019, Sophia deposited the profits of her business into a savings account at 5% p.a. simple interest. On September 25, 2019, the amount matured to $18,546.75. Calculate the amount invested and the interest 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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