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1) Using the calculations for simple and compound interest you prepared in task 1 and task 2 previously, copy the interest charge for the $105,000
1) Using the calculations for simple and compound interest you prepared in task 1 and task 2 previously, copy the interest | ||||||||||
charge for the $105,000 loan into the table below | ||||||||||
Comparison Simple and Compound Interest $105,000 @ 10.0% | ||||||||||
Year 1 | Year 2 | Year 3 | ||||||||
Simple Interest | ||||||||||
Compound Interest |
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