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3 years ago

14

a money market fund advertises a simple interest rate of 9% find the total amount received on an investment of 5000 for 17 month

s

1 answer:

I am Lyosha [343]3 years ago

5 0

Answer:

Step-by-step explanation:

Formula: Simple interest = PRT

P= 5000

R= 9%

T= 17

So, 5000 x 9/100 x 17 = 7650

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