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Simple and Compound interest
Prispevano od: Davis
(Avtor originala: Dodson)
You must enter all answers in the format specified
  Calculations
       with
Simple Interest

Determine the simple interest.
$
round to the nearest cent eg 2 decimal places
Determine the simple interest.
round to the nearest cent eg 2 decimal places
$
Determine the simple interest.
round to the nearest cent eg 2 decimal places
$
Determine the simple interest.
Round to the nearest cent eg 2 decimal places
$
Determine the investment term.
$4000 is invested at 4.5% simple interest and earns
$1170 interest.
What was the term of the investment?
Answer in years rounded to 1 decimal place
years
$10000 is invested at 7.5% simple interest and grows
to $16187.50.  What was the term of the investment?
Answer in years and months in whole numbers
Determine the investment term.
years
months
$1,400 is deposited into a savings account that earns
6% every year for 3 years.  Fill in the table below withthe interest earned each year and the starting balance
in the next year.  Round all values to 2 decimal places
Year
2
3
1
1400.00
Starting
Balance
Interest
Earned
Go back to the previous slide and enter the final
balance.
Answer to 2 decimal places
$
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