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1. Michael invested $1750 at 5.2% per year. When the investment matured, he received $44.88 in interest. Determine the term of Michael's investment. 2.

 

1. Michael invested $1750 at 5.2% per year. When the investment matured, he received $44.88 in interest. Determine the term of Michael's investment. 2. Vince invested $800 at 4% compounded monthly for 6.5 years. How much interest did the investment earn?

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