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bachelor in business administration
Polytechnic State University Sanluis
Jan-2006 - Nov-2010
CPA
Polytechnic State University
Jan-2012 - Nov-2016
Professor
Harvard Square Academy (HS2)
Mar-2012 - Present
Simple Versus Compound Interest
For each of the following notes, calculate the simple interest due at the end of the term.

Now assume that the interest on the notes is compounded annually. Calculate the amount of interest due at the end of the term for each note. Finally assume that the interest on the notes is compounded semiannually. Calculate the amount of interest due at the end of the term for each note. What conclusion can you draw from a comparison of your results of each of the three scenarios?
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