Which formula is used for compound amount, I = P × r × t, A = P + I, Fv= PV(1 + i%)^n, A = P ÷ t, Find the compound interest: P=1500, r=6%,t=2 years, 180, 185.4, 190, 200, Find the amount: P = 2000, r = 5%, t = 3 years, 2300, 2315.25, 2320, 2400, If interest is compounded once per year, it is called:, Annually, Monthly, Quarterly, Daily, If interest is compounded quarterly, what does it mean?, Once a year, Twice a year, Four times a year, Every day, Which gives the highest amount, Compound monthly, Simple interest, Compound yearly, Compound daily, If interest is added to the principal every period, It is compound interest, It is simple interest, No interest, Fixed amount, Which is TRUE about compound interest?, It grows over time, It stays constant, It decreases, It stops, Find the amount (monthly): P = 1000, r = 12%, t = 1 year, 1120, 1130, 1115, 1126.83, Find the amount (annually): P = 1800, r = 7%, t = 2 years, 2050, 2040, 2060.82, 2070
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Lesson 1.5
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