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into an Individual Savings Account at the beginning of the year. An interest rate of
is paid monthly on the balance in the account. How much
money does Farida have in her Individual Savings Account at the end of the
year if no other deposits or withdrawals are made and the interest rate stays
Fares and Sherif work at two different companies.
Fares is paid
in the first year and gets a
pay increase each year.
Sherif is paid
in the first year and gets an increase of
every two years.
Who is paid the most in the tenth year?
Maged deposited $2 420 in a savings account, and it earned
$363.00 in simple interest after five years. Find the interest rate on Maged’s savings account.
A woman opened a bank account that offered
interest per year. Given that she kept 6,000 LE in the account for a year, find the total amount she has after the interest is added.
represents the simple interest
earned on an account, where an amount
is deposited at an interest rate
for a certain number of years
. Use the table to order the accounts from least to greatest in terms of the interest earned after 2 years.
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