Mathematics, 23.03.2021 05:40 Chan592

Sue bought a six-month CD for $5000. She said that at maturity it paid $162.50 in interest. Assume that this was simple interest, and determine the APR.

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Sue bought a six-month CD for $5000. She said that at maturity it paid $162.50 in interest. Assume t...

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Sue bought a six-month CD for $5000. She said that at maturity it paid $162.50 in interest. Assume that this was simple interest, and determine the APR.​

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Another question on Mathematics

Sue bought a six-month CD for $5000. She said that at maturity it paid $162.50 in interest. Assume that this was simple interest, and determine the APR.