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Other Fields Homework Help Finance Topic started by: bbergeron11 on Jul 14, 2024



Title: Find the simple interest for the period indicated. Then use table values to find the compound ...
Post by: bbergeron11 on Jul 14, 2024
Find the simple interest for the period indicated.  Then use table values to find the compound interest.  Finally, find the difference between compound interest and simple interest.  Round to the nearest cent.  (Interest is compounded annually.)



Principal: $740   Rate: 6%   Years: 17

▸ $429.46

▸ $497.85

▸ $1,237.85

▸ $483.05


Title: Re: Find the simple interest for the period indicated. Then use table values to find the compound ...
Post by: ixi12 on Jul 14, 2024
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