document.write( "Question 1139214: Find the difference between the simple interest earned and the compound interest earned, compounded
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document.write( "yearly, on an amount of R4 240 at 6% interest per year for 3 years. \n" );
document.write( "
Algebra.Com's Answer #757019 by Boreal(15235) You can put this solution on YOUR website! simple is prt=4240*.06*3=R763.2, and that is added to the original principal of 4240 to get R5003.3\r \n" ); document.write( "\n" ); document.write( "compound is 4240(1.06)^3=R5049.91 \n" ); document.write( " |