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KB) ASSIGNMENT 1 What amount will be received if 23,500 are invested at a simple interest rate in the following cases? 1. For 90 days

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KB) ASSIGNMENT 1 What amount will be received if 23,500 are invested at a simple interest rate in the following cases? 1. For 90 days at 6% nominal annual interest rate. 2. For 4 years at 4% nominal quarterly interest rate. 3. For 8 months at 5% nominal annual interest rate. Which one is the best alternative? MacBook Pro G Search or type URL + 5 6 No - 00 9 0 T 12

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