Question: PLEASE DONT KEEP COPYING THE ANSWER THAT'S ALREADY ON CHEGG IT'S INCORRECT AND WILL GIVE THUMBS DOWN 1. In what financial applications are simple interest

PLEASE DONT KEEP COPYING THE ANSWER THAT'S ALREADY ON CHEGG IT'S INCORRECT AND WILL GIVE THUMBS DOWN

1. In what financial applications are simple interest and compound interest used? Give an example of each.

2. Relate the use of exponential and logarithmic functions to the financial mathematics applications of present value, future value, and annuities.

3. Explain how the laws of probability can be applied to solve issues with quantitative methods that support decision making.

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