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Simple and Compound Interest Worksheet (Interactive) PDF Interest
A = p (1 + r/n) tn, where a is amount (future balance), p is principal (present balance), r is rate of interest expressed in decimal, and t is time. Luisa plans to invest £600.
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\ (\color { blue } {i=prt }\) \ (p=$5,200\), \ (r=4\%=\frac {4} {100}=0.04\) and \ (t=3\) then: Web calculate the simple interest for the word problems: Includes a math lesson, 2 practice sheets, homework sheet, and a quiz! Luisa plans to invest £600 in a savings account for 3 years.
For Example, A Savings Account With A Simple Interest Rate Of 2% And An Initial Amount Of.
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