Find the simple rate of interest on transactions

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Reference no: EM131307322

Find the simple rate of interest on the following transactions using the dollar weighted method

(a) $312.50 initial deposit on March 15

(b) $617.70 another deposit on May 25

(d) $250.00 deposit on July 1

(e) $1,229 balance on October 8

Reference no: EM131307322

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