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A simple interest calculation provides a useful estimate of what compound interest will be if(a) the dollar amount is small.(b) the dollar amount is large.(c) the term is long.(d) the term is short.

• business math and statistics -

d. If the term is short.

• business math and statistics -

in \$3000 is invested at 7% for 6 months, how much simple interest is earned?

• business math and statistics -

IF THE TERM IS SHORT

• business math and statistics -

A simple interest calculation provides a useful estimate of what compound interest will be if

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