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Earn +20 ptsQ: Is interest on a judgment compounded?
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Continue Learning about Math & Arithmetic
What is the interest rate of 13.75 percent compounded monthly is equivalent to a daily compounded interest rate?
14.651
What is the interest and balance of 375 at 4 percent for 5 years?
If compounded, interest = 81.244 and balance = 456.245 If not compounded, interest = 75 and balance = 450
What is the monthly interest rate of and annual 10 percent rate?
It is 0.833... recurring % if the interest is simple, or compounded annually. If compounded monthly, it is approx 0.797 %
How many interest will you get for 1 million?
It depends on the rate of interest, how it is compounded, and how long it draws interest.
Is interest compounded weekly is compounded fifty times a year false?
Yes: a year is not 50 weeks.
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