Posted: May 27, 2020
Online Lesson #17
Watch the video on Compound Interest and try the attached questions.
Note: The last part of Question 2 is Simple Interest. You have to calculate the interest first and then add on the principal.
Here are a couple answers so you can ensure you are on the correct path.
Question 1, first part: $573.90 and $93.90 and Question 2, first part: $38066.03 and $26066.03
| Attachment | Size |
|---|---|
 compound_interest.pdf | 393.06 KB |