Ask your own question, for FREE!
Mathematics 13 Online
OpenStudy (anonymous):

simple interest + compound interest !!! HELP!

OpenStudy (anonymous):

i need help with this question... my answers are all different than the textbooks :S sooo... it gives me the principle (450), annual interest rate (4.5%) , the years (10), and the compounding frequency (monthly)... i got an insanely high #... can someone show me how to calculate the amount and interest earned?

Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!
Latest Questions
Arriyanalol: i need help
1 day ago 7 Replies 1 Medal
Arriyanalol: CONGRATS to me
1 day ago 8 Replies 2 Medals
Legomaster346: What colleges are good that are near Arab Alabama?
1 week ago 5 Replies 0 Medals
Arriyanalol: i need help
1 week ago 6 Replies 2 Medals
Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!