Mathematics, 20.09.2020 01:01 ozieera

Mrs. Chambers has $ 12,000 in the bank with 5%-interest-paid annually. If the bank drops its rate to 4%, how much additional money must Mrs. Chambers deposit to maintain the same return each year?

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Mrs. Chambers has $ 12,000 in the bank with 5%-interest-paid annually. If the bank drops its rate to...

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