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  • Principal Rate Time N (Conversion Period) Simple Interest

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    Angelo Gonzales Abao
    6 views2 pages
    This document shows a simple interest calculation for a principal of $3,000 at 7% interest for 3 years, which equals $630 in interest. It then shows that using compound interest for the same principal, rate, and time period results in $6,300 in interest.

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    Project namin sa math

    Original Title

    Math Project(Finals)

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    This document shows a simple interest calculation for a principal of $3,000 at 7% interest for 3 years, which equals $630 in interest. It then shows that using compound interest for the same principal, rate, and time period results in $6,300 in interest.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
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    6 views2 pages

    Principal Rate Time N (Conversion Period) Simple Interest

    Uploaded by

    Angelo Gonzales Abao
    This document shows a simple interest calculation for a principal of $3,000 at 7% interest for 3 years, which equals $630 in interest. It then shows that using compound interest for the same principal, rate, and time period results in $6,300 in interest.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 2

    Principal Rate Time N(Conversion Period) Simple Interest

    3,000.00 7% 3 10 630
    #DIV/0!

    `
    Compound Interest
    6300

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