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A simple interest calculation provides
A simple interest calculation provides a useful estimate of what compound interest will be if ____________
3 answers
asked by
Anonymous
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Mr. Simpson deposits his money in a savings account at the Springfield Bank. Would he earn more money with simple interest or
5 answers
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Compounding interest means interest accrues _____.
(1 point) Responses more quickly than simple interest more quickly than simple
1 answer
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Katana Yama
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Compounding interest means interest accrues _____.
(1 point) Responses more slowly than simple interest more slowly than simple
1 answer
asked by
Katana Yama
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Which of the following is a true statement regarding interest calculation methods?
A. If a borrower receives a loan on a discount
0 answers
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Anonymous
854 views
If you invested R5000 for the period of 2 years on simple interest, at what interest rate was the money invested. For
0 answers
asked by
Aviwe
210 views
The formula used to calculate simple interest is modeled by I=prt, where I=simple interest, p=principle, r=interest rate, and
1 answer
70 views
The formula used to calculate simple interest is modeled by I=prt, where I=simple interest, p=principle, r=interest rate, and
1 answer
asked by
Mark
187 views
The formula used to calculate simple interest is modeled by I=prt, where I=simple interest, p=principle, r=interest rate, and
1 answer
asked by
John
208 views
The formula used to calculate simple interest is modeled by I=prt, where I=simple interest, p=principle, r=interest rate, and
1 answer
asked by
John
179 views