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Simple/Compound Int.

Directions: Find the balance - Pre-Algebra Ch. 7

QuestionAnswer
$200 at a simple interest rate of 7% for 2 years $228
$870 at a simple interest rate of 6% for 9 months $909.15
$495 at 8% compounded annually for 2 years $577.37
$1,280 at 13% compounded annually for 3 years $1846.91
$2000 at 5% compounded semiannually for 2 years $2,207.63
$15,600 at 10% compounded semiannually for 3 years $20,905.49
$3000 at 14% compounded annually for 4 years $5,066.88
$500 at a simple interest rate of 3% for 4 years $560
$35 at a simple interest rate of 2.5% for 1 year $35.88
$8900 at 9% compounded semiannually for 5 years $13,821.43
$54,500 at 3% compounded semiannually for 9 years $71,250.06
$900 at a simple interest rate of 8% for 3 months $918
Created by: unverferth