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Home Q & A Board Science-Related Homework Help Mathematics
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JSmith1 JSmith1
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A year ago
a) What will be the maturity value of $15,000 placed in a 120-day term deposit paying an interest rate of 2.25%?
b) If on the maturity date the combined principal and interest are "rolled over" into a 90-day term deposit paying 2.15%, what amount will the depositor receive when the second term deposit matures?
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Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
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hemmatmahdi12hemmatmahdi12
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This calls for a celebration Person Raising Both Hands in Celebration
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Just got PERFECT on my quiz
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Thank you, thank you, thank you!
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