A discounted note of face value amount x due in one half
A discounted note of face value amount X, due in one half year, is valued today at $4992. Find X using a) Compound interest at an effective annual rate of 8% and b) simple interest at an annual rate of 8%. Which results with a higher value of X?
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A discounted note of face value amount X, due in one half year, is valued today at $4992. Find X using a) Compound interest at an effective annual rate of 8% and b) simple interest at an annual rate of 8%. Which results with a higher value of X
A dioxin-contaminated water source contains 0.081% dioxin by mass. How much dioxin is present in 4.2 L of this water? (Assume that the density of the solution is 1.01 g/mL.)
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