Mathematics, 09.11.2019 16:31 getzy4247
Kate currently has an account balance of $7,194.66. she opened the account 21 years ago with a deposit of $2,978.41. if the interest compounds daily, what is the interest rate on the account?
a. 4.2%
b. 1.5%
c. 8.4%
d. 15.7%
Answers: 2
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Mathematics, 21.06.2019 19:30
At the beginning of 1974/75,2 years a man invested #2000 in a bank at 12.5% compound interest, if it degree #650 at the end of each two years to pay his son's school fees, after payment of interest to pay his son's school fees, how much did he have left at the beginning of the 1978/79 school year?
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Kate currently has an account balance of $7,194.66. she opened the account 21 years ago with a depos...
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