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Jaclyn buys $50 000 worth of debentures in a company. She earns 9.5% p.a. simple interest, paid to her quarterly (that is, every 3 months). If the agreed period of the debenture was 18 months: calculate the total amount collected at the end of the term
🗓 Dec 11, 2021
votes
Victoria
🌐 India
can anyone share the explanation, please?
votes
Christina
🌐 India
like it
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