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Simple vs Compound Interest
Questions (10)
Tamika has $2,000 she wants to save. She has two options: She could save at a bank for 3 years with a fixed simple interest rate
1 answer
asked by
Indiana Thier
34 views
4.___ interest is a basic percentage charged on the principal or the initial amount of the loan. ___ interest is interest that
1 answer
asked by
rstaats88
116 views
My daughter brought home a work sheet and I have no clue where to begin to help her and she seems to have no clue either.
the
7 answers
asked by
Veronica
782 views
Compare simple interest at 7.5% and compound interest at 7.0% when $4,300 is invested for 2 years to determine which interest
1 answer
asked by
Caseoh
195 views
Compare simple interest at 3% and compound interest at 2% with interest being compounded monthly when $750 is invested for 1
1 answer
asked anonymously
266 views
Between simple interest and compound interest, both at 3%, determine which interest earning type will result in a higher balance
1 answer
asked by
bully
26 views
Compare simple interest at 3% and compound interest at 2% with interest being compounded monthly when $750 is invested for 1
1 answer
asked anonymously
30 views
George deposits $2,500 into each of two savings accounts.
Account I earns 4.5% annual simple interest. Account II earns 4.5%
1 answer
asked by
silent
9 views
What is the difference between simple interest and compound interest?(1 point) Responses A simple interest rate earns interest
1 answer
asked by
__________________________________________________
13 views
What is the difference between simple interest and compound interest?
1 answer
asked anonymously
10 views
Parent Categories (5)
Financial Literacy
Interest
Interest Calculations
Interest rate calculations
Interest Rates
