greent315 greent315

06-10-2020
Mathematics

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If the principle is $200 and the interest rate is 4%

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bhEyeyeS bhEyeyeS

06-10-2020

4% of $200 is $8. So I don’t think you finish the question, so I assume the interest rate is increasing by months. If that’s true then the $8 is added each month.

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