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Dr jones deposited 2000 in a rbc saving account at rate of 3.75 simple interest Eight months later she deposited an additional $3000 into the
Dr jones deposited 2000 in a rbc saving account at rate of 3.75 simple interest Eight months later she deposited an additional $3000 into the account with the same simple interest rate of 3.75%. a. find the total amount in the account three years after the first deposit using the maturity formula. b. what is the total amount of interest gained from the investment?
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Contemporary Business Mathematics with Canadian Applications
Authors: S. A. Hummelbrunner, Kelly Halliday, Ali R. Hassanlou, K. Suzanne Coombs
11th edition
134141083, 978-0134141084
