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A. Renee wants to invest $6400 in a savings account that pays 4.9% simple interest. How long will it take for this investment to double
A. Renee wants to invest $6400 in a savings account that pays 4.9% simple interest. How long will it take for this investment to double in value? Round your answer to the nearest tenth.
B. Renee now lend $7,000 to a friend for 15 months at 10% annual simple interest, find the future value of the loan. The future value of the loan is $
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