Question 1 (Mandatory) (2 points) Suppose $2,500 is invested in an account that pays 5.25% per...
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Question 1 (Mandatory) (2 points) Suppose $2,500 is invested in an account that pays 5.25% per year simple interest for 7 years. Round your final answers to the nearest cent, i.e. two decimal places. What is the interest portion of this investment after 7 years? A/ What is the maturity value (balance) after 7 years? A Question 1 (Mandatory) (2 points) Suppose $2,500 is invested in an account that pays 5.25% per year simple interest for 7 years. Round your final answers to the nearest cent, i.e. two decimal places. What is the interest portion of this investment after 7 years? A/ What is the maturity value (balance) after 7 years? A
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