Question
-What is the simple interest rate on a $1050 investment paying $738.15 interest in 19 years? -Chasity wants $9,000 saved in 3 years to make
-What is the simple interest rate on a $1050 investment paying $738.15 interest in 19 years?
-Chasity wants $9,000 saved in 3 years to make a down payment on a house. How much money should she invest now at 5.2% compounded annually in order to meet her goal?
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Contemporary Business Mathematics with Canadian Applications
Authors: S. A. Hummelbrunner, Kelly Halliday, K. Suzanne Coombs
10th edition
133052311, 978-0133052312
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