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Question

1. $5030 at 8% from January 3 to July 4

what is the interest rate and maturity value
Apr 23, 2011

Answers

Ms. Sue
5030 * 0.08 = 402.4

402.4/2 = 201.2

5030 + 201.2 = 5231.2

Apr 23, 2011

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