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What simple interest rate is
Mr. Simpson deposits his money in a savings account at the Springfield Bank. Would he earn more money with simple interest or
5 answers
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What is the difference between simple interest and compound interest?(1 point) Responses A simple interest rate earns interest
1 answer
asked by
__________________________________________________
87 views
What is the difference between simple interest and compound interest?(1 point)
Responses A simple interest rate earns interest
1 answer
49 views
Compounding interest means interest accrues _____.
(1 point) Responses more quickly than simple interest more quickly than simple
1 answer
asked by
Katana Yama
43 views
Compounding interest means interest accrues _____.
(1 point) Responses more slowly than simple interest more slowly than simple
1 answer
asked by
Katana Yama
36 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
861 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
171 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
200 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
53 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
178 views