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Three years ago, ZYX deposited $2,030 in an account that has earned and will earn 9.80 percent per year in compound interest. CAB deposits $4230
Three years ago, ZYX deposited $2,030 in an account that has earned and will earn 9.80 percent per year in compound interest. CAB deposits $4230 in an account in 2 years from today that earn simile interest, then how much Simple interest per year must CAB. earn to have the same amount of money in 12 years from today as ZYX will have in 12 years from today. answer as an annual rate. 3.95% (plus or minus .05 percentage points) 14.71% (plus or minus .05 percentage points) 9.51% (plus or minus .05 percentage points) 4.74% (plus or minus ,05 percentage points) None of the above is within .05 percentage points of the correct answer
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Banking On Freedom Black Women In U.S. Finance Before The New Deal
Authors: Shennette Garrett-Scott
1st Edition
0231183917, 978-0231183918
