Latest exam Aptitude Question SOLUTION: I need to figure out what "compounded annually" means. Ex: $500 paying 4% interest compounded annually. What does this mean?

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I need to figure out what "compounded annually" means. Ex: $500 paying 4% interest compounded annually. What does this mean?: Asked In exam (9 years ago); Unsolved; Is this Puzzle helpful? (0) (0) Submit Your Solution

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Previous Question: Data regarding the value of a particular color copier is represented in the graph. Find the rate of change of the value with respect to time, (1, 3) and (3, 1) Next Question: A car is driving at a speed of 60 mi/hr. What is the speed of the car in feet/min?

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