Top Posters
Since Sunday
c
6
l
5
h
5
h
5
k
5
t
5
h
4
B
4
w
4
g
4
e
4
b
4
Home Q & A Board Other Fields Homework Help Business Finance
New Topic  
lollie614 lollie614
wrote...
Go to Answer
Posts: 136
Rep: 0 0
A month 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: $3,426   Rate: 6%   Years: 7

▸ $3,712.52

▸ $2,273.60

▸ $286.52

▸ $200.49
Textbook 
Business Mathematics

Business Mathematics


Edition: 15th
Authors:
Read 56 times
1 Reply
Replies
Answer verified by a subject expert
marcospolosmarcospolos
wrote...
#1
Posts: 159
Rep: 2 0
A month ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

lollie614 Author
wrote...

A month ago
This calls for a celebration Person Raising Both Hands in Celebration
jmelchor77
wrote...

Yesterday
Correct Slight Smile TY
mkyoungs
wrote...

2 hours ago
This helped my grade so much Perfect
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1298 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 145
  
 310
  
 291
Your Opinion
Which industry do you think artificial intelligence (AI) will impact the most?
Votes: 484
Previous poll results: Should Ph.D.'s be addressed as doctors?