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Document1 Kuta Software Infinite Precalculus Compound Interest 1 Brenda invests 4 848 in a savings account with a fixed annual interest rate of 5 compounded 2 times per year What will the account balance be after 6 years 3 Jasmine invests 2 658 in a retirement account with a fixed annual interest rate of 9 compounded continuously
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30 Simple Interest Worksheet Pdf Education Template
30 Simple Interest Worksheet Pdf Education Template
10 6 Practice Compound Interest Solve 1 Find each of the following a S500 invested at 4 compounded annually for 10 years b S600 invested at 6 compounded annually for 6 years c S750 invested at 3 compounded annually for 8 years d S1500 invested at 4 compounded semiannually for 7 years e S900 invested at 6 compounded
6 Jenny invests 400 for two years at 5 compound interest paid yearly Tim says that the interest Jenny will receive will be 40 Is Tim right Explain your answer 3 7 When a tennis ball is dropped it bounces and then rises The ball rises to 60 of the height from which it is dropped The ball is dropped from a height of 2 metres
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30 Simple And Compound Interest Worksheet Education Template
30 Simple And Compound Interest Worksheet Education Template
1 Your 3 year investment of 20 000 received 5 2 interested compounded semi annually What is your total return Answer 2 You borrowed 59 000 for 2 years at 11 which was compounded annually What total will you pay back Answer 3 Your allowance of 190 got 11 compounded monthly for 1 2 3 years
Worksheets Calculate the total amount of the investment or total paid in a loan in the following situations 1 You invested 52 400 at 6 compounded annually for 5 years What is your total return on this investment Answer 2 You borrowed 10 400 for 4 years at 12 7 and the interest is compounded semi annually
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Document1 Kuta Software Infinite Precalculus Compound Interest 1 Brenda invests 4 848 in a savings account with a fixed annual interest rate of 5 compounded 2 times per year What will the account balance be after 6 years 3 Jasmine invests 2 658 in a retirement account with a fixed annual interest rate of 9 compounded continuously
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A Calculates the interest using simple interest I Prt b Calculates the interest using compound interest compounded annually c Calculates the interest using compound interest compounded quarterly d Calculates the interest using
Document1 Kuta Software Infinite Precalculus Compound Interest 1 Brenda invests 4 848 in a savings account with a fixed annual interest rate of 5 compounded 2 times per year What will the account balance be after 6 years 3 Jasmine invests 2 658 in a retirement account with a fixed annual interest rate of 9 compounded continuously
A Calculates the interest using simple interest I Prt b Calculates the interest using compound interest compounded annually c Calculates the interest using compound interest compounded quarterly d Calculates the interest using
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