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Abdul has invested $12,000 in a security that pays 3% annual simple interest. How much interest does he earn in the 4th year of the
Abdul has invested $12,000 in a security that pays 3% annual simple interest. How much interest does he earn in the 4th year of the investment? Choose the closest answer.
| $360.00 | ||
| $381.92 | ||
| $405.18 | ||
| $393.38 |
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Public Finance A Contemporary Application Of Theory To Policy
Authors: David N Hyman
12th Edition
0357442156, 978-0357442159
