Using the simple interest formula l=Prt, determine the deposit that must be made to earn $54.30 in 192 days at 3.63% p.a. The deposit required is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
Using the simple interest formula l=Prt, determine the deposit that must be made to earn $54.30 in 192 days at 3.63% p.a. The deposit required is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
Chapter9: Sequences, Probability And Counting Theory
Section9.4: Series And Their Notations
Problem 56SE: To get the best loan rates available, the Riches want to save enough money to place 20% down on a...
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