Mathematics, 03.04.2020 02:45 dixks
An investment may earn interest using a simple interest rate or a compound interest rate.
This expression can be used to find the value of an investment that is earning simple interest: P(1+rt)
This expression can be used to find the value of an investment that is earning compound interest: P(1+r)t
Use the drop-down menus to complete the statements about simple and compound interest.
Answers: 1
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An investment may earn interest using a simple interest rate or a compound interest rate.
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