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A $1500 certificate of deposit held for 97 days was worth $1519.80. What simple interest rate was earned? Assume a 360-day year. The certificate of
A $1500 certificate of deposit held for 97 days was worth $1519.80. What simple interest rate was earned? Assume a 360-day year. The certificate of deposit earned an interest rate of %. (Type an integer or decimal rounded to the nearest tenth as needed.)
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Financial Trading And Investing
Authors: John Teall
3rd Edition
0323909558, 978-0323909556
