Question

find the amount and compound interest compounded Li annually in each the following cases.
a. principal = 2000 ; rate = 6% ; time = 3 years
b. principal = 25000 ; rate = 10% ; time = 2 years
c. principal = 16000 ; rate = 5% ; time = 4 years
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Answer 1

Answer:

find the amount and compound interest compounded Li annually in each the following cases.

a. principal = 2000 ; rate = 6%find the amount and compound interest compounded Li annually in each the following cases.

a. principal = 2000 ; rate = 6% ; time = 3 years

b. principal = 25000 ; rate = 10% ; time = 2 years

c. principal = 16000 ; rate = 5% ; find the amount and compound interest compounded Li annually in each the following cases.

a. principal = 2000 ; rate = 6% ; time = 3 years

b. principal = 25000 ; rate = 10% ; time = 2 years

c. principal = 16000 ; rate = 5% ; time = 4 years

= 4 years

; time = 3 years

b. principal = 25000 ; rate = 10% ; time = 2 years

c. principal = 16000 ; rate = 5% ; time = 4 years