Question
Melissa notes that her savings account earned $18.66 in three months. If the interest for her account is 6.5%, what was her principal? What amount
Melissa notes that her savings account earned $18.66 in three months. If the interest for her account is
6.5%,
what was her principal?
What amount of time (in months) is necessary for a principal of $9600 to produce
$280 in interest at 5 %?
The time nessesarr is months?
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Financial Management For Farmers And Rural Managers
Authors: Martyn Warren
4th Edition
0632048719, 9780632048717
