Business > CASE STUDY > AH531 W4Assignment 1 AH531 Investment Payback Calculation College of Nursing and Heal (All)
AH531 W4Assignment 1 AH531 Investment Payback Calculation College of Nursing and Heal
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AH531 W4Assignment 1 AH531 Investment Payback Calculation College of Nursing and Health Professions, Grantham University AH531 — What is the difference between simple interest and compoun... d interest? —‹Simple interest is calculated only on the original principal each year based on the amount, number of years, and how long the loan is being used. – Formula for simple interest = PRT/100 —‹Compound interest is calculated based on both the original principal and any accumulated interest earned up to that point. – Formula for compound interest = A=P (1+r/n)¿º *Zelman, McCue, Glick, & Thomas, 2013 —What is the future value of $10,000 with an interest rate of 16 percent and one annual period of compounding? With an annual interest rate of 16 percent and two semiannual periods of compounding? With an annual interest rate of 16 percent and four quarterly periods of compounding? —‹ PV = $10,. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . [Show More]
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