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18-07-2021
Mathematics

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a money market fund advertises a simple interest rate of 9% find the total amount received on an investment of 5000 for 17 months

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18-07-2021

Answer:

Step-by-step explanation:

Formula: Simple interest = PRT

P= 5000

R= 9%

T= 17

So, 5000 x 9/100 x 17 = 7650

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