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Harrizon [31]
3 years ago
9

The table shows how the compound interest on an investment of $6,000 with an interest rate of 3 34%, compounded annually, grows

each year for two years. TEKS 8.12(C), 8.12(D)
Principal ($) Interest Rate Time Interest Earned ($)
6,000.00 3 34% 1 year 6,000.00 • 0.0375 • 1
6,225.00 3 34% 1 year 6,225.00 • 0.0375 • 1

Refer to your answers 4 and 6. Which investment plan earns more interest?
is it simple interest or compound interest?
Mathematics
2 answers:
Naddika [18.5K]3 years ago
5 0
The answer is 1334 , if
You calculate you would know! But it’s better to ask a adult since my answer could be wrong! Good luck!

















PIT_PIT [208]3 years ago
4 0

Answer:

1334

Step-by-step explanation:

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