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Compound Interest (compounded annually). Given: Principal (P) =_____; Rate(r) =2.5 %; Time (t) = 3yrs; Maturity (F) = 18 522.51875

Sagot :

Francescabasacgo Francescabasacgo

Answer:

2.

Step-by-step explanation:

2. Find the compound interest and present value if F = 105,000 with a rate of 2.5% is

compounded quarterly for 3 years.

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