Asked by Sumii
1. Find the total amount if you deposit $500 at a rate of 5% for two years using simple interest.
2. Find the total amount if you deposit $300 at a rate of 6% for three years using simple interest.
3. Find the total amount if you deposit $ 600 at a rate of 5% for two years compounded annually.
4. Find the total amount if you deposit $800 at a rate of 8% for a total of four years compounded annually.
2. Find the total amount if you deposit $300 at a rate of 6% for three years using simple interest.
3. Find the total amount if you deposit $ 600 at a rate of 5% for two years compounded annually.
4. Find the total amount if you deposit $800 at a rate of 8% for a total of four years compounded annually.
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Answered by
Sumii
Help anyone please I figured out 3 and 4 just need help with 1 and 2 please :)
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