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| Applications Exercise 7 (Page 1) | Home HWFORKIDS | Applications Exercises |
| 1. Solve the following - Compound Interest. Click here for Example | ![[Reload]](images/sball15.gif) Reload
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| 1 |
Find the compound interest and amount for a principal of $2000 at 5% per year, for 4 years
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| 2 |
Compound Interest of $75.24 at 9% per year, for 2 years, Find the principal.
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| 3 |
Find the principal that amounts to $4444.63 at 14% per year, in 3 years.
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| 4 |
Find the compound interest and amount for a principal of $500 at 8% per year, for 4 years
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| 5 |
Compound Interest of $206.52 at 9% per year, for 3 years, Find the principal.
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| 6 |
Find the principal that amounts to $729.3 at 5% per year, in 4 years.
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| 7 |
Compound Interest of $168 at 10% per year, for 2 years, Find the principal.
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| 8 |
Find the compound interest and amount for a principal of $4000 at 13% per year, for 3 years
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| Answers:Compound Interest Exercise 7 (Page 1) | ||
| 1 | A = $2431.01, CI = $431.01 | |
| 2 | P = $400 | |
| 3 | P = $3000 | |
| 4 | A = $680.24, CI = $180.24 | |
| 5 | P = $700 | |
| 6 | P = $600 | |
| 7 | P = $800 | |
| 8 | A = $5771.59, CI = $1771.59 | |
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