Mathematics, 02.12.2021 21:50 cedarclark9534

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1. Imagine you receive a graduation gift of $5,000 from a wealthy uncle with a letter
that encourages you to save the money for your old age. Also imagine that you are
able to average 9% interest on the principal.

a. How much (simple) interest will you receive on your savings after one year?

Answers: 3

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