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Type: Multiple-Choice
Category: Functions and Relations
Level: Grade 11
Author: HTAdmin
Created: 2 years ago

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Functions and Relations Question

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Grade 11 Functions and Relations

What is the formula for calculating compound interest?
  1. Principal * Rate * Time
  2. Principal * (1 + Rate/n)^(nt)
  3. Principal / (1 + Rate/n)^(nt)
  4. Principal * Rate^Time