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How much interest will the bank have to pay

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A bank accepts a $5000 term deposit to mature in 547 days and pays 5.75 per cent per annum. How much interest will the bank have to pay?

Reference no: EM132364596

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How much interest will the bank have to pay : A bank accepts a $5000 term deposit to mature in 547 days and pays 5.75 per cent per annum. How much interest will the bank have to pay?
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