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2. How much does John need to have in his account now so that he will have $3,500 in 21 months (a) if the
2. How much does John need to have in his account now so that he will have $3,500 in 21 months (a) if the account earning 5% simple interest. (b) if the account is earning 5% interest compounded quarterly.
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a If the account is earning 5 simple interest we can use the formula for simple interest Simple Inte...
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
