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Find the interest. $200 at 9% for 4 years. Find the compound amount and the amount of interest earned by the following deposit. $3,000 at
Find the interest.
$200 at 9% for 4 years.
Find the compound amount and the amount of interest earned by the following deposit. $3,000 at 6.11% compounded continuously for 3 years.
Find the interest rate (with annual compounding) that makes the statement true. Round to the nearest tenth when necessary.
$392 grows to $1,257.20 in 20 years.
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