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You have had $1,400 invested in a fixed term account for 2 years, after which you have been paid interest of $120. What is the
You have had $1,400 invested in a fixed term account for 2 years, after which you have been paid interest of $120.
What is the annual simple interest rate you have earned on the deposit?
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Managerial Accounting
Authors: Karen BraunWendy Tietz
3rd Edition
0132890542, 978-0132890540
