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02-12-2018
Mathematics

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Mr. Harris wants a yearly interest income on his 12% investment to be greater than $6,000. How much should he invest to earn more than $6,000?

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nika001 nika001

04-12-2018

Answer

He should invest 50000

Solution multiple 6000 by 100% (6000000) than divide it by 12% which equals 50000

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