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Compound Interest Worksheet 05 For Google Apps | |||||
1. If you borrow $884 for six years at an interest rate of 4% compounded annually, how much interest will you pay? 2. What is the interest rate if a principal of $859 earns $266.97 in interest compounded annually in four years? 3. You take out a loan for $145 at an interest rate of 7% compounded annually for six years. What is the total amount that you will have at the end of the six years? |
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