Question
Shirley wants to go on a trip to Hawaii. She budgets that she can save $195 at the end of every month, and interest in
Shirley wants to go on a trip to Hawaii. She budgets that she can save $195 at the end of every month, and interest in her account is 5% compounded biweekly. By looking at prices, she knows that the trip will cost her $7195 total. How long in years (round to two decimal places) will it take before she can go on her trip?
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Calculating how long it will take Shirley to save for her trip 1 Calculate the interest rate per per...
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Contemporary Business Mathematics with Canadian Applications
Authors: S. A. Hummelbrunner, Kelly Halliday, K. Suzanne Coombs
10th edition
133052311, 978-0133052312
