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If the compound interest on an amount for 2 years is $200 at a rate of 10%, what

Practice Questions

Q1
If the compound interest on an amount for 2 years is $200 at a rate of 10%, what is the principal?
  1. $1000
  2. $1500
  3. $1200
  4. $800

Questions & Step-by-Step Solutions

If the compound interest on an amount for 2 years is $200 at a rate of 10%, what is the principal?
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