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    Practical Math Applications
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    Exam 10: Interest
  5. Question
    What Is the Compound Interest Earned at the End of a 2-Year
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What Is the Compound Interest Earned at the End of a 2-Year

Question 3

Question 3

Short Answer

What is the compound interest earned at the end of a 2-year period on a loan with an original principal of $8,000 at 7% compounded annually?

Correct Answer:

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