Homework Answers
Solution:
Amount interest earned by Mia = ($2,500*3%*7/12) + ($1,600*1.76%*2/12) = $43.75 + $4.69 = $48.44
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Interest Earned. On June 1, Mia deposited $2,500 in an MMDA that pays 3% interest. On...
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how to formulate the equation? Interest Earned. On June 1, Mia deposited $4,000 in an MMDA...
how to formulate the equation?
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how to formulate the equation?
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