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Use the compound interest formulas
Use the compound interest formulas A=P (1+r/n)^nt and A =Pe^rt to solve the problem given. Round answers to the nearest cent.
Fin
1 answer
asked by
unknown 2.0
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What is the difference between simple interest and compound interest?(1 point)
Responses Compound interest is better for
1 answer
78 views
What is the difference between simple interest and compound interest?
a Compound interest is unpredictable, and does not allow
1 answer
asked by
Eric23
246 views
How does compound interest differ from simple interest?
1. Compound interest occurs with periodic intervals of time, while simple
0 answers
asked by
Dauton Matie
1,084 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
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 original amount of money lent out, or the principal?
(1 point) Responses simple interest
1 answer
161 views
How die a compound interest rate differ from a simple interest rate?
Compound interest rates pay more interest over time Compound
6 answers
asked by
Lulu
1,807 views
What type of interest is based on the principal amount and accumulated interest? (1 point) Responses
compound interest compound
1 answer
55 views
Compare simple interest at 3% and compound interest at 2% with interest being compounded monthly when $750 is invested for 1
1 answer
349 views