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Calculating Interest Rate. Find the interest rate implied by the
Calculating Interest Rate. Find the interest rate implied by the following combinations of present and future values.
PresentValu
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Antoinette
2,343 views
a formula for calculating simple interest is I = Pr, were I is the interest earned in dollars, P is the principal or original
1 answer
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sherry
2,187 views
c. Modify the program in Exercise 2b so that the main program also prompts the user for the interest rate and passes both the
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blackout
120 views
c. Modify the program in Exercise 2b so that the main program also prompts the user for the interest rate and passes both the
2 answers
asked by
blackout
152 views
Suppose that you want to deposit $8,000 in an RRSP account that pays interest at a fixed rate of 100r% per year compounded
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compound interest
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Find the future value of $10,000 invested now after five years if the annual interest rate is 8 percent.
a. What would be the
1 answer
asked by
tisha
5,336 views
My question is about calculating simple interest. How do you find the principal, rate, time,or interest when solving such
1 answer
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Mia
451 views
When calculating interest earned on a CD, you _____. (1 point) Responses multiply the principal by the interest rate multiply
1 answer
81 views
1)An interest rate is a special type of?
a. loan b. price c. bank d. service 2) How does a compound interest rate differ from a
14 answers
asked by
Leah
2,728 views
Find the finance charge (interest) due on a 9-month loan of $2,400 at a simple interest rate of 10%.(Use the formula for simple
4 answers
asked by
Gregg
792 views