1- Georgia agrees to lend money to Matt at a special interest rate of 11.7%...
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Accounting
1- Georgia agrees to lend money to Matt at a special interest rate of 11.7% per year, on the condition that he borrow enough that he would pay her $650 in interest over a 4 month period. What was the minimum amount Matt could borrow?
2-What is the interest earned on a savings deposit of $500 invested in an account which is compounded continuously at an annual rate 4.2% rate for two years?
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