Mike just received his income tax refund of $1600, and he needs $1850 to buy a new couch. If his money can earn 3 3/8% simple interest, how long must he invest his money?
Mike just received his income tax refund of $1600, and he needs $1850 to buy a new couch. If his money can earn 3 3/8% simple interest, how long must he invest his money?
Chapter7: Tax Credits
Section: Chapter Questions
Problem 12MCQ
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Mike just received his income tax refund of $1600, and he needs $1850 to buy a new couch. If his money can earn 3 3/8% simple interest, how long must he invest his money?
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ISBN:
9780357109731
Author:
Hoffman
Publisher:
CENGAGE LEARNING - CONSIGNMENT