Which formula is used for compound amount?, A) I = P × r × t, B) A = P + I, C) A = P(1 + r)^t, D) A = P ÷ t, Find the amount: p=2000,r=5%,t=3years, 2315.25, 2400, P = 1500, r = 6%, t = 2 years, A) 180, B) 185.4, If interest is compounded quarterly, what does it mean?, Every day, Four times a year, If interest is compounded once per year, it is called:, Monthly, Annually, Which gives the highest amount?, Compound daily, Simple interest, If interest is added to the principal every period:, No interest, It is compound interest
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Lesson 1.5
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