Find the maturity value of a $60,000.00 investment at 3.75% p.a. if it is invested for 5 months.

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter6: Exponential And Logarithmic Functions
Section: Chapter Questions
Problem 5RE: A retirement account is opened with an initialdeposit of 8,500 and earns 8.12 interest compounded...
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Find the maturity value of a $60,000.00 investment at 3.75% p.a. if it is invested for 5 months. 

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