Question: Solve it Name : Compound Interest L1S1 A) Find the compound interest (1) and amount (A). Round your answers to the nearest cent. 1) Principal

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Name : Compound Interest L1S1 A) Find the compound interest (1) and amount (A). Round your answers to the nearest cent. 1) Principal = $9,400 2) Principal = $12,900 Time = 4 years Time = 2 years Rate = 6% compounded annually Rate = 13% compounded annually A = A = 1 = I = 3) Principal = $800 4) Principal = $4,125 Time = 9 years Time = 5 years Rate = 4% compounded annually Rate = 7% compounded annually A = A = 1 = 1 = B) Find the amount payable on $300 after 8 years a) if it is compounded annually at 9%. (Round your answer to the nearest cent.) b) if it is compounded annually at 11%. Round your answer to the nearest cent.) Printable Worksheets @ www.mathworksheets4kids.com

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