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as a Hint When working with money, round to the nearest cent after you have made the final calculation. Annual Pricipal interest Prate $2100 4500 2.55% 2.95% $600 2.1% 3250 0.8% 3. Evaluate. Timp 365 d 90 d = 4. Complete the chart for interest compounded daily. 280 d 290 d a) 250+ (2% of 500) 255 Swo b) $1500+ (9.5% of $250 1737.5 Amount A = P(1+1) 2,153.55 = Interest 1=A-P 53.55

as a Hint When working with money, round to the nearest cent after you have made the final calculation. Annual Pricipal interest Prate $2100 4500 2.55% 2.95% $600 2.1% 3250 0.8% 3. Evaluate. Timp 365 d 90 d = 4. Complete the chart for interest compounded daily. 280 d 290 d a) 250+ (2% of 500) 255 Swo b) $1500+ (9.5% of $250 1737.5 Amount A = P(1+1) 2,153.55 = Interest 1=A-P 53.55

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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6 Write each as a decimal first. Hint When working with money, round to the nearest cent after you have made the final calculation. Annual Principal interest rate $2100 2.55% $4500 2.95% $600 2.1% $13250 0.8% 3. Evaluate. Time 365 d 90 d 4. Complete the chart for interest compounded daily. 280 d 290 d = 85.95 a) 250+ (2% of 500) =_255 Apprenticeship and Workplace 11 = b) $1500+ (9.5% of $2500) 1737.5 Amount A = P(1+1) 2,153,55 Interest 1=A-P 53.55
Transcribed Image Text:6 Write each as a decimal first. Hint When working with money, round to the nearest cent after you have made the final calculation. Annual Principal interest rate $2100 2.55% $4500 2.95% $600 2.1% $13250 0.8% 3. Evaluate. Time 365 d 90 d 4. Complete the chart for interest compounded daily. 280 d 290 d = 85.95 a) 250+ (2% of 500) =_255 Apprenticeship and Workplace 11 = b) $1500+ (9.5% of $2500) 1737.5 Amount A = P(1+1) 2,153,55 Interest 1=A-P 53.55
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