Question
You would like to earn simple-interest $1 800 from a term deposit at 4.25% in 8 months. Calculate the principal you need to invest. Round
You would like to earn simple-interest $1 800 from a term deposit at 4.25% in 8 months. Calculate the principal you need to invest. Round your answer to the nearest dollar.
O a. $72 605
O b. $63 529
O c. $77 775
O d. $67 818
O e. $56 471
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Public Finance And Public Policy
Authors: Jonathan Gruber
7th Edition
1319281109, 9781319281106
