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OpenStax, Contemporary Mathematics §6.3 Simple Interest · Example 12 · Arithmetic · Money & interest

Simple Interest · Example 12

Beatriz will invest some money in a CD that yields 3.99% simple interest when invested for 30 years. How much must Beatriz invest so that after those 30 years, her CD is worth $300,000?

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OpenStax, Contemporary Mathematics · §6.3 Simple Interest · Example 12

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