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You invested $325 for two years in a project that pays 14% per year. (a)How much will you have at the end of the two
You invested $325 for two years in a project that pays 14% per year.
(a)How much will you have at the end of the two years? (Assume compound interest).
(b)How much of this is simple interest rate?
How much of this is compound interest?
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