The maturity value of an investment is $8455.45 and the interest earned is $455.45. Calculate the time

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The maturity value of an investment is $8455.45 and the interest earned is $455.45. Calculate the time period of the investment if the interest rate was 4.75% compounded daily.

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Mathematics Of Business And Finance

ISBN: 9781927737545

4th Edition

Authors: Larry Daisley, Thambyrajah Kugathasan, Diane Huysmans

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Question Posted: Aug 30, 2024 09:05 AM

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The maturity value of an investment is $8455.45 and the interest earned is $455.45. Calculate the time

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Mathematics Of Business And Finance

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