Mathematics, 23.03.2021 04:10, adjjones2011

1. Find the present value of an investment that is worth $19,513.75 after earning 3% simple interest for 5 & 1/2 (5.5) years.

2. Mr. Clopu buys an 18-month CD that pays 4 3/4% simple interest for $5,000. Find the value of the CD at the end of its term.

Answers: 1

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1. Find the present value of an investment that is worth $19,513.75 after earning 3% simple inter...