Mathematics, 27.10.2019 18:43 nathanstern21
Using the chart "amount of $1 at compound interest" from previous reading section "more compound interest", find the total amount and amount of interest paid in the following compound interest problems.
$3,000 at 8% for 5 years.
compounding total amount interest amount
annually $ $
semiannually $ $
quarterly $ $
Answers: 2
Mathematics, 21.06.2019 16:00
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Afamily went out to dinner and their bill was $113.if they want to leave a 19% tip, how much should they leave.
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Frank is lending $1,000 to sarah for two years. frank and sarah agree that frank should earn a real return of 4 percent per year. instructions: a. the cpi (times 100) is 100 at the time that frank makes the loan. it is expected to be 113 in one year and 127.7 in two years. what nominal rate of interest should frank charge sarah?
Answers: 3
Using the chart "amount of $1 at compound interest" from previous reading section "more compound int...
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