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love history [14]
3 years ago
7

45 points! Yay An investment may earn interest using a simple interest rate or a compound interest rate. This expression can be

used to find the value of an investment that is earning simple interest: P(1+rt) This expression can be used to find the value of an investment that is earning compound interest: P(1+r)t Use the drop-down menus to complete the statements about simple and compound interest. For an investment earning(simple interest,compound interest) , the interest is applied each year to the principal and to any interest that already accrued. For an investment earning(simple interest, compojnd interest) , the interest is applied each year only to the principal. Please help I'm literally the dumbest person i know •,-,•

Mathematics
2 answers:
Harman [31]3 years ago
3 0

Answer:

1. Compound Interest

2. Simple Interest

Step-by-step explanation:

Simple Interest multiplies the interest rate on the principal rate by the number of days.

Compound Interest multiplies the interest rate on the principal rate and existing rate by periods. 

Slav-nsk [51]3 years ago
3 0

Answer:

:)

Step-by-step explanation:

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