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If interest is compounded monthly
(Future Value) Suppose you invest $8000 into an account that pays an annual interest rate of 6.2%. How much is in the account
2 answers
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Help
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A lender gives you a choice between the following two 30-year mortgages of $200,000:
Mortgage A: 6.65% interest compounded
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Logan
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Please help! Just need the answer...
A lender gives you a choice between the following two 30-year mortgages of $200,000:
1 answer
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Logan
627 views
Compare simple interest as 3% and compounded interest as 2% with interest being compounded monthly when $750 is invested for one
1 answer
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What are the compound amount and interest at the end of three years if bire 10,000 borrowed at annually interest rate of 8% A
1 answer
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Emebet
227 views
I only need my problem to be checked.
What is the effective annual rate of an account offering .09% monthly interest compounded
1 answer
asked by
lijm
496 views
*solve execises by using compounded interest formula
Principal $ 700 Time period 8years nominal rate (%) 1.5 Interest compounded
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math HELP!! please
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Find the accumulated value of an investment of $10,000 for 3 years at an interest rate of 6% if the money is a)compounded
1 answer
asked by
Betty
828 views
Rm 200 was saved every month for four years in an account that pays 6% compounded monthly.find the accumulated value if the
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Muhammad nur ikhwan
559 views
Find the compound amount compound interest resulting from the investment of Birr 1000 at 6% for 10 years,
Compounded annually.
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Arega
80 views