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Using a simple interest calculation,
A simple interest calculation provides a useful estimate of what compound interest will be if ____________
3 answers
asked by
Anonymous
738 views
Mr. Simpson deposits his money in a savings account at the Springfield Bank. Would he earn more money with simple interest or
5 answers
191 views
Compounding interest means interest accrues _____.
(1 point) Responses more quickly than simple interest more quickly than simple
1 answer
asked by
Katana Yama
26 views
Compounding interest means interest accrues _____.
(1 point) Responses more slowly than simple interest more slowly than simple
1 answer
asked by
Katana Yama
19 views
Which of the following is a true statement regarding interest calculation methods?
A. If a borrower receives a loan on a discount
0 answers
asked by
Anonymous
831 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
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
29 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
166 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
183 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
158 views