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Please help asap i will mark branlist

Please help asap i will mark branlist-example-1
User Carlie
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2 Answers

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Answer:

C) Total Interest and Principal

Explanation:

User Moskis
by
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Answer:

Total interest and principal.

Explanation:

In compound interest a value will increase by a certain multiplier for some years. This could be that format of a question 'Mr Singh invests £500 at 6% compound interest for 7 years'. The multiplier in this case would be 1.06 so the calculation is

500 × (1.06)⁷ → 7 because its invested for 7 years

And the answer will be £751.82

User Snapey
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