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simple interest rate of 5.4%

Mr. Simpson deposits his money in a savings account at the Springfield Bank. Would he earn more money with simple interest or
1. 5 answers
2. 180 views
What is the difference between simple interest and compound interest?(1 point) Responses A simple interest rate earns interest
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2. asked by __________________________________________________
3. 57 views
What is the difference between simple interest and compound interest?(1 point)Responses A simple interest rate earns interest
1. 1 answer
2. 19 views
Compounding interest means interest accrues _____.(1 point) Responses more quickly than simple interest more quickly than simple
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2. asked by Katana Yama
3. 15 views
Compounding interest means interest accrues _____.(1 point) Responses more slowly than simple interest more slowly than simple
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2. asked by Katana Yama
3. 12 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
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2. asked by Gregg
3. 796 views
The formula used to calculate simple interest is modeled by I=prt, where I=simple interest, p=principle, r=interest rate, and
1. 1 answer
2. asked by John
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The formula used to calculate simple interest is modeled by I=prt, where I=simple interest, p=principle, r=interest rate, and
1. 1 answer
2. asked by John
3. 173 views
The formula used to calculate simple interest is modeled by I=prt, where I=simple interest, p=principle, r=interest rate, and
1. 1 answer
2. 12 views
The formula used to calculate simple interest is modeled by I=prt, where I=simple interest, p=principle, r=interest rate, and
1. 1 answer
2. asked by Mark
3. 152 views