Joey invests $7,560 at 4 percent simple interest in a bank. Find the amount in the account after 9 months.

EBK CFIN
6th Edition
ISBN:9781337671743
Author:BESLEY
Publisher:BESLEY
Chapter4: Time Value Of Money
Section: Chapter Questions
Problem 1PROB
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Question 6

 Joey invests $7,560 at 4 percent simple interest in a bank. Find the amount in the account after 9 months.

            

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