Yolanda invests her 5000 bonus into a high yield account, Ask an Expert

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Yolanda invests her $5,000 bonus into a high yield account that earns 6.7% simple interest. She wants to buy a Burmese Rabbit Hound with the money. The breeder told her that a puppy would cost $5,500.

How long will Yolanda have to wait before she has $5,500 in her savings account?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91600662

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