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Compound Interest Worksheet 06 For Google Apps | |||||
Compound interest word problem printables with answers. Sample questions: 1. How much interest is earned on $103 at 5% compounded semiannually for three years? 2. If the balance at the end of eight years on an investment of $903 that has been invested at a rate of 4% compounded semiannually is $1,239.63, how much was the interest? 3. How much principal must be invested to earn $158.81 in five years at an interest rate of 5% compounded semiannually? 4. You take out a loan for $501 at an interest rate of 7% compounded semiannually for one year. What is the total amount that you will have at the end of the one year? |
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