1 Answered Questions for the topic Simple And Compound Interest.

Simple And Compound Interest.

05/20/18

one $2000 in simple interest rate of 4.5% per year or $2000 at a compound interest rate of 4% per year.

Consider a scenario where you can invest $2000 in a savings account that has either a simple interest rate of 4.5% per year or $2000 at a compound interest rate of 4% per year. Write an equation... more

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