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Home Q & A Board Other Fields Homework Help Business Finance
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bbergeron11 bbergeron11
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3 months ago
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
Textbook 
Business Mathematics

Business Mathematics


Edition: 15th
Authors:
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ixi12ixi12
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bbergeron11 Author
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3 months ago
Thanks for your help!!
riptide
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Yesterday
Just got PERFECT on my quiz
linlinlin
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2 hours ago
this is exactly what I needed
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