Question: 1) Please solve for the question marks (round to the nearest whole number where applicable): P.V. Years Interest Rate Compounding F.V. A) ? 5 14%
1) Please solve for the question marks (round to the nearest whole number where applicable):
P.V. Years Interest Rate Compounding F.V.
A) ? 5 14% Monthly $3,725.00
B) $235 2 ? Semiannual $935.00
C) $6,250 8 6 3/4% Simple ?
D) $3,750 ? 3 1/2% Annual $8,315.00
E) $1,075 3 19% Weekly ?
F) Explain the differences between simple and compounded interest rates in light of the results you attained.
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