Question: MBF3C Grade 11 Math: Financial ApplicationAnswer ASAP :) Question 2 (4 points) Calculate the interest rate (r) as it would appear in each formula. Show

MBF3C Grade 11 Math: Financial ApplicationAnswer ASAP :)

Question 2 (4 points) Calculate the interest rate (r) as it would appear in each formula. Show all work and keep all decimal places in your final answer. (4 marks) Simple Interest Compound Interest 5%/year 0.5% compounded quarterly

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