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your cousin vinny wants to borrow $25000 to help restore his corvette. hes willing to pay you back over 7 years with simple interest. your
your cousin vinny wants to borrow $25000 to help restore his corvette. hes willing to pay you back over 7 years with simple interest. your alternative is to invest the 25000 into an account paying 7.25% compounded monthly.
how much interest would you earn on your investment if you deposit $25000 into the acccount for 7 years?
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The Routledge Handbook Of Financial Literacy
Authors: Gianni Nicolini, Brenda J. Cude
1st Edition
0367457776, 978-0367457778
