Business, 10.03.2020 07:02 luella614ox1zum
You are saving to buy a $188,000 house. There are two competing banks in your area, both offering certificates of deposit yielding 7.3 percent. How long will it take your initial $105,000 investment to reach the desired level at First Bank, which pays simple interest? (Do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16.)
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You are saving to buy a $188,000 house. There are two competing banks in your area, both offering ce...
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