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An investment over a period of two and a half years paid $451.37 in interest. The annual simple interest rate was 7.5%. What was
An investment over a period of two and a half years paid $451.37 in interest. The annual simple interest rate was 7.5%. What was the value of the investment (PV) Round to the penny and do not include the $ in your answer Type your answer...
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Principles Of Managerial Finance
Authors: Lawrence J. Gitman, Chad J. Zutter
13th Edition
9780132738729, 136119468, 132738724, 978-0136119463
