10 General Compound Interest and Decay

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4 Terms

1
<p>Is this an example of growth or decay?</p>

Is this an example of growth or decay?

Growth

2
<p>The principal or starting value in this model is:</p>

The principal or starting value in this model is:

900

3
<p>The rate of growth in this model per annum is:</p>

The rate of growth in this model per annum is:

12% per annum

4

The number of time periods given in this model is:

6 periods