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OpenStudy (anonymous):
simple interest + compound interest !!! HELP!
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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?
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