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The future value of an investment for $500,000 at 6% p.a. for 7 months at simple interest is: (to the nearest dollar) a. $517,500 b.
The future value of an investment for $500,000 at 6% p.a. for 7 months at simple interest is: (to the nearest dollar)
a.
$517,500
b.
$525,000
c.
$508,750
d.
$512,250
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Case Studies In Finance
Authors: Robert Bruner, Kenneth Eades, Michael Schill
6th Edition
0073382450, 978-0073382456
