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If the interest on a
What type of interest is based on the principal amount and accumulated interest? (1 point) Responses
compound interest compound
1 answer
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What type of interest is based on the original amount of money lent out, or the principal?
(1 point) Responses simple interest
1 answer
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What type of interest is based on the original amount of money lent out, or the principal? (1 point) Responses
simple interest
1 answer
80 views
What type of interest is based on the principal amount and accumulated interest?
(1 point) Responses compound interest compound
1 answer
141 views
find the difference in financial gains when $3200 is invested for eight years with an interest rate of 4.5% for both simple
1 answer
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Carmen has $90 in a savings account that earns 10% interest per year.The interest is not compounded.How much interest will she
1 answer
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What is most necessary for a coherent text to do?(
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Cameron has $90 in the savings account that earns 10% interest per year the interest is not compounded how much interest will
1 answer
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Which of the following interest-earning platforms does not allow interest to earn interest?
(a) Simple Interest (b) Compound
1 answer
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Between simple interest at 9.2% and compound interest at 7.8% with interest being compounded semiannually, determine which
1 answer
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T-T
105 views
Understanding Interest Quick Check
5 of 55 of 5 Items Question Find the difference in financial gains when $3,200 is invested for
1 answer
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quandale dingle
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