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Percentages Smart Math

[Smart Math] Percentages Problem 1

Here’s and example of a SMART MATH problem for PERCENTAGES.

Percentages

Problem

How much will $12,000 amount to in 2 years at compound interest if the rates for the 2 years are 5% and 7% per annum?

  1. $12,662
  2. $15,248
  3. $14,336
  4. $13,884
  5. $13,482