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Business Mathematics Brief 12th Edition by Stanley Salzman ,Gary Clendenen, Charles Miller
النسخة 12الرقم المعياري الدولي: 978-0132605540Business Mathematics Brief 12th Edition by Stanley Salzman ,Gary Clendenen, Charles Miller
النسخة 12الرقم المعياري الدولي: 978-0132605540 تمرين 7
Solve the following application problems. If no interest rate is given, assume
interest compounded daily. Round to the nearest cent.
TIME DEPOSIT Wes Cockrell has $4000 to deposit in a certificate of deposit, but he is debating whether to leave it there for 2 years or for 3 years. Assume 2% compounded daily in both situations, and find the compound amount in each case.
interest compounded daily. Round to the nearest cent. TIME DEPOSIT Wes Cockrell has $4000 to deposit in a certificate of deposit, but he is debating whether to leave it there for 2 years or for 3 years. Assume 2% compounded daily in both situations, and find the compound amount in each case.
التوضيح
موثّق
موثّق
Suppose interest compounded daily.
Let ...
Business Mathematics Brief 12th Edition by Stanley Salzman ,Gary Clendenen, Charles Miller
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