How much interest will thecollege earn on the investment, Operation Management

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How much interest will thecollege earn on the investment

Jacksonville Technical College received $3,445,553 in state aid on September 15 for the fall academic semester. The vice-president for finance decided to invest $2,000,000 in a 2-month investment that pays 11.5% simple interest. How much interest will the college earn on the investment?

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Operation Management: How much interest will thecollege earn on the investment

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Request for Solution File

Ask an Expert for Answer!!

Operation Management: How much interest will thecollege earn on the investment

Reference No:- TGS0516060

Have a Question? (oR Write a Review)

Recent Questions Asked Operation Management

Q : Does the demand curve have a positive or negative slope

Q : Formulatimng the linear programming model

Q : Compute and make the new graph of marginal cost

Q : Calculate the amount of helen itemized deduction

Q : How much interest will thecollege earn on the investment

Q : Explain the value of statistics and its contribution success

Q : Calculate the book value

Q : What is the minimum amount of r e expense

Q : Pert networks use a simple statistical method

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Request for Solution File

Ask an Expert for Answer!!

Operation Management: How much interest will thecollege earn on the investment

Reference No:- TGS0516060

Recent Questions Asked Operation Management

Q : Does the demand curve have a positive or negative slope

Q : Formulatimng the linear programming model

Q : Compute and make the new graph of marginal cost

Q : Calculate the amount of helen itemized deduction

Q : How much interest will thecollege earn on the investment

Q : Explain the value of statistics and its contribution success

Q : Calculate the book value

Q : What is the minimum amount of r e expense

Q : Pert networks use a simple statistical method

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