1 (a) Calculate the compound interest on 3000 at 45 percent over ten years, compounded annually. (b)...
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1
(a) Calculate the compound interest on £3000 at 4·5 percent over ten years, compounded annually.
(b) Calculate the compound interest on £10,000 over three years at an annual rate of interest of 5 percent, compounded annually.
(c) Repeat
(b) but compounding monthly instead of annually.
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